ENCOURAGING WORDS COUNSELING, INC. (WV) - 2020 PPP Loan Borrower Profile (# 4084717207)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ENCOURAGING WORDS COUNSELING, 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
4084717207
SBA Office Code
0390
Processing Method
PPP
Curent Loan Amount
$27,500
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$27,674.17
Date Loan was Forgiven
Dec 15, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,375
Payroll Proced
20,625
Mortgage Interest Proceed
5,500
Lender
Peoples Bank
Business Detail
Business Type
Corporation
NAICS
621330
Borrower Location
LEWISBURG, WV
Project Location
LEWISBURG, WV
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.