HOTSY EQUIPMENT COMPANY (WV) - 2020 PPP Loan Borrower Profile (# 2202037109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOTSY EQUIPMENT COMPANY. 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

2202037109

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$606,100

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$614,231.84

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

606,100

Lender

Truist Bank

Business Detail

Business Type

Cooperative

NAICS

444210

Borrower Location

DUNBAR, WV

Project Location

DUNBAR, 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.