BUILDERS GROUP INC (WV) - 2020 PPP Loan Borrower Profile (# 8201417002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BUILDERS GROUP 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

8201417002

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$400,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$402,487.67

Date Loan was Forgiven

Nov 24, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

100,000

Payroll Proced

300,000

Lender

Citizens Bank of West Virginia, Inc

Business Detail

Business Type

Corporation

NAICS

444190

Borrower Location

ELKINS, WV

Project Location

ELKINS, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.