COALFIELD MAC LLC (WV) - 2020 PPP Loan Borrower Profile (# 5983467006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COALFIELD MAC LLC. 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

5983467006

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$1,051,200

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$1,060,836

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,051,200

Lender

Peoples Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722513

Borrower Location

DANVILLE, WV

Project Location

DANVILLE, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

315

Business Age Description

Existing or more than 2 years old

Data Source: SBA.