PPP Loan information for Commonwealth excavating inc.

$357,540

Commonwealth excavating inc. was initially approved for PPP Loan of amount $357,540, the current approved amount is $357,540. The loan was approved on 01/20/2021 by The The First Bank and Trust Company reported 26 jobs and $357,540 was used to fund payroll.

Commonwealth excavating inc. is Existing or more than 2 years old

COMMONWEALTH EXCAVATING INC.

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMONWEALTH EXCAVATING INC.

Borrower Address

40 Sutton Road

Borrower City

Verona

Borrower State

VA

Borrower Zip

24482

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357540.00

Current Approval Amount

357540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Verona

Project County Name

AUGUSTA

Project State

VA

Project Zip

24482

CD

VA-06

Jobs Reported

26

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

357534.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360986.29

Forgiveness Date

01/13/2022

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