COALFIELD LOGISTICS & TRANSPORT, INC (WV) - 2020 PPP Loan Borrower Profile (# 6246557210)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to COALFIELD LOGISTICS & TRANSPORT, 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
6246557210
SBA Office Code
0390
Processing Method
PPP
Curent Loan Amount
$56,160
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$56,596.8
Date Loan was Forgiven
Feb 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
56,160
Lender
Pioneer Community Bank, Inc.
Business Detail
Business Type
Corporation
NAICS
423830
Borrower Location
SOPHIA, WV
Project Location
SOPHIA, WV
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.