GREATER NEW MARTINSVILLE DEVELOPMENT CORP (WV) - 2020 PPP Loan Borrower Profile (# 2944247101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GREATER NEW MARTINSVILLE DEVELOPMENT CORP. 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

2944247101

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$5,700

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$5,767.09

Date Loan was Forgiven

Jul 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

4,275

Rent Proceed

1,425

Lender

Peoples Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813910

Borrower Location

NEW MARTINSVILLE, WV

Project Location

NEW MARTINSVILLE, 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.