PPP Loan information for Commonwealth excavating, inc.

$357,500

Commonwealth excavating, inc. was initially approved for PPP Loan of amount $357,500, the current approved amount is $357,500. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 28 jobs and $357,500 was used to fund payroll.

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

PPP Loan Search / VA / VERONA / Commonwealth excavating, inc.

COMMONWEALTH EXCAVATING, INC.

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH EXCAVATING, INC.

Borrower Address

40 Sutton Rd

Borrower City

VERONA

Borrower State

VA

Borrower Zip

24482-2585

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357500.00

Current Approval Amount

357500.00

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

24482-2585

CD

VA-06

Jobs Reported

28

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

357500.00

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

360906.18

Forgiveness Date

03/24/2021

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