# PPP loan: COALFIELD DEVELOPMENT CORPORATION
> **$399K** approved 04/06/2020 · Paid in Full · Loan `5725027000`
## Borrower
- **Name:** COALFIELD DEVELOPMENT CORPORATION
- **Address:** 312 Hall St. Apt. 1, WAYNE, WV, 25570-1143
- **NAICS:** 925120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 64
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*