HOBBS CONSTRUCTION (WV) - 2020 PPP Loan Borrower Profile (# 9988997107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOBBS CONSTRUCTION. 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

9988997107

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$15,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$15,669.01

Date Loan was Forgiven

May 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

600

Payroll Proced

14,350

Mortgage Interest Proceed

550

Lender

The Fayette County National Bank of Fayetteville

Business Detail

Business Type

Sole Proprietorship

NAICS

238990

Borrower Location

FAYETTEVILLE, WV

Project Location

FAYETTEVILLE, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.