PPP Loan information for Burner well drilling inc

$145,600

Burner well drilling inc was initially approved for PPP Loan of amount $145,600, the current approved amount is $145,600. The loan was approved on 01/23/2021 by The Loan Source Incorporated reported 14 jobs and $145,600 was used to fund payroll.

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

BURNER WELL DRILLING INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BURNER WELL DRILLING INC

Borrower Address

604 Allen Ford Rd

Borrower City

Mcgaheysville

Borrower State

VA

Borrower Zip

22840

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145600.00

Current Approval Amount

145600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mcgaheysville

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22840

CD

VA-06

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

145596.00

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

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

146696.99

Forgiveness Date

10/26/2021

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