# PPP loan: MURPHY CONSOLIDATED INDUSTRIES, INC.
> **$527K** approved 04/07/2020 · Paid in Full · Loan `7522977002`
## Borrower
- **Name:** MURPHY CONSOLIDATED INDUSTRIES, INC.
- **Address:** 575 Veterans Drive, FOLLANSBEE, WV, 26037-1271
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $527K
- **Jobs reported:** 28
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*