HEALTH RESEARCH SYSTEMS, INC. (WV) - 2020 PPP Loan Borrower Profile (# 6852787100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HEALTH RESEARCH SYSTEMS, 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

6852787100

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$59,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$60,132.82

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,548

Payroll Proced

49,873

Mortgage Interest Proceed

1,548

Health Care Proceed

6,731

Lender

Peoples Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

621511

Borrower Location

HUNTINGTON, WV

Project Location

HUNTINGTON, WV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.