PPP Loan information for Browns well drilling company inc.

$42,500

Browns well drilling company inc. was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 05/04/2020 by The Chesapeake Bank reported 5 jobs and $42,500 was used to fund payroll.

Browns well drilling company inc. is Existing or more than 2 years old

PPP Loan Search / VA / HAYES / Browns well drilling company inc.

BROWNS WELL DRILLING COMPANY INC.

Date Approved

05/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BROWNS WELL DRILLING COMPANY INC.

Borrower Address

1660 BROWNS LN

Borrower City

HAYES

Borrower State

VA

Borrower Zip

23072-3904

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAYES

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-3904

CD

VA-01

Jobs Reported

5

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

38500.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42783.33

Forgiveness Date

01/07/2021

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