ILA PROPERTIES INC (WV) - 2020 PPP Loan Borrower Profile (# 6916557003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ILA PROPERTIES 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

6916557003

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$332,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$336,156.38

Date Loan was Forgiven

Apr 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,700

Payroll Proced

266,000

Mortgage Interest Proceed

50,000

Lender

Burke and Herbert Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

236115

Borrower Location

KEARNEYSVILLE, WV

Project Location

KEARNEYSVILLE, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Startup, Loan Funds will Open Business

Data Source: SBA.