BASIC METALS (WV) - 2020 PPP Loan Borrower Profile (# 1453927410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIC METALS. 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

1453927410

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$4,600

Date Loan was Approved

May 4, 2020

Amount Forgiven

$4,647.02

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,150

Payroll Proced

3,450

Lender

The Bank of Romney

Business Detail

Business Type

Partnership

NAICS

332312

Borrower Location

RIDGELEY, WV

Project Location

RIDGELEY, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.