HOMETOWN PREOWNED VEHICLES, INC (WV) - 2020 PPP Loan Borrower Profile (# 4889597009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOMETOWN PREOWNED VEHICLES, 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

4889597009

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$1,248,800

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$1,257,160.02

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,248,800

Lender

United Bank

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

MOUNT HOPE, WV

Project Location

MOUNT HOPE, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

118

Business Age Description

Existing or more than 2 years old

Data Source: SBA.