FACTORY WARRANTY SERVICES INC (WV) - 2020 PPP Loan Borrower Profile (# 4908267109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FACTORY WARRANTY SERVICES 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

4908267109

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$275,300

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$277,087.56

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

68,825

Payroll Proced

206,475

Lender

Citizens Bank of West Virginia, Inc

Business Detail

Business Type

Subchapter S Corporation

NAICS

811211

Borrower Location

ELKINS, WV

Project Location

ELKINS, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.