HERMAN STRAUSS INC (WV) - 2020 PPP Loan Borrower Profile (# 8175517003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HERMAN STRAUSS 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

8175517003

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$1,109,500

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,117,174.04

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,109,500

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

423930

Borrower Location

WHEELING, WV

Project Location

WHEELING, WV

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.