BOONE MOTOR SALES INC (WV) - 2020 PPP Loan Borrower Profile (# 9118457007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOONE MOTOR SALES 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

9118457007

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$387,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$393,089.16

Date Loan was Forgiven

Aug 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

387,800

Lender

Truist Bank

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

DANVILLE, WV

Project Location

DANVILLE, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.