FERRARI STRUCTURES & WOODWORKS, LLC (WV) - 2020 PPP Loan Borrower Profile (# 1714337703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FERRARI STRUCTURES & WOODWORKS, 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
1714337703
SBA Office Code
0390
Processing Method
PPP
Curent Loan Amount
$26,095
Date Loan was Approved
May 1, 2020
Amount Forgiven
$26,323.74
Date Loan was Forgiven
Mar 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,150
Payroll Proced
21,445
Rent Proceed
3,500
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
321918
Borrower Location
HURRICANE, WV
Project Location
HURRICANE, WV
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.