PPP Loan information for Burner well drilling, inc

$156,400

Burner well drilling, inc was initially approved for PPP Loan of amount $156,400, the current approved amount is $156,400. The loan was approved on 04/15/2020 by The Blue Ridge Bank, National Association reported 14 jobs and $156,400 was used to fund payroll.

Burner well drilling, inc is Existing or more than 2 years old

BURNER WELL DRILLING, INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BURNER WELL DRILLING, INC

Borrower Address

98 PO BOX

Borrower City

MC GAHEYSVILLE

Borrower State

VA

Borrower Zip

22840-0098

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156400.00

Current Approval Amount

156400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC GAHEYSVILLE

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22840-0098

CD

VA-06

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

132940.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

15640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7820.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

157473.08

Forgiveness Date

12/23/2020

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