PPP Loan information for Commonwealth drilling company

$102,900

Commonwealth drilling company was initially approved for PPP Loan of amount $102,900, the current approved amount is $102,900. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 7 jobs and $102,900 was used to fund payroll.

Commonwealth drilling company is Existing or more than 2 years old

PPP Loan Search / PA / Plymouth Meeting / Commonwealth drilling company

COMMONWEALTH DRILLING COMPANY

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COMMONWEALTH DRILLING COMPANY

Borrower Address

525 Plymouth Rd

Borrower City

Plymouth Meeting

Borrower State

PA

Borrower Zip

19462-1640

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102900.00

Current Approval Amount

102900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth Meeting

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19462-1640

CD

PA-04

Jobs Reported

7

NAICS Code

213111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102900.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104332.02

Forgiveness Date

10/26/2021

;