CIMCO INC (WV) - 2020 PPP Loan Borrower Profile (# 1340088810)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CIMCO 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
1340088810
SBA Office Code
0390
Processing Method
PPS
Curent Loan Amount
$740,077
Date Loan was Approved
Apr 10, 2021
Amount Forgiven
$748,896.25
Date Loan was Forgiven
Jun 14, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
740,075
Lender
The Poca Valley Bank, Inc.

Business Detail

Business Type
Corporation
NAICS
238220
Borrower Location
Hurricane, WV
Project Location
Hurricane, WV
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.