PPP Loan information for B & d excavating inc.

$318,904

B & d excavating inc. was initially approved for PPP Loan of amount $318,904, the current approved amount is $318,904. The loan was approved on 02/25/2021 by The United Bank reported 55 jobs and $318,904 was used to fund payroll.

B & d excavating inc. is Existing or more than 2 years old

B & D EXCAVATING INC.

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

B & D EXCAVATING INC.

Borrower Address

639 Reliance Rd

Borrower City

Middletown

Borrower State

VA

Borrower Zip

22645-1538

Loan Status Date

04/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318904.00

Current Approval Amount

318904.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

FREDERICK

Project State

VA

Project Zip

22645-1538

CD

VA-06

Jobs Reported

55

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

318900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322048.75

Forgiveness Date

03/01/2022

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