AMHERST MADISON INC (WV) - 2020 PPP Loan Borrower Profile (# 1646287110)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMHERST MADISON INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in West Virginia.
Loan Detail
Loan Number
1646287110
SBA Office Code
0390
Processing Method
PPP
Curent Loan Amount
$5,480,431.46
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$5,558,070.91
Date Loan was Forgiven
Sep 14, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
5,480,431.46
Lender
Truist Bank
Business Detail
Business Type
Corporation
NAICS
483211
Borrower Location
CHARLESTON, WV
Project Location
CHARLESTON, WV
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
330
Business Age Description
Existing or more than 2 years old
Data Source: SBA.