PPP Loan information for Lo down energy inc

$478,200

Lo down energy inc was initially approved for PPP Loan of amount $535,700, the current approved amount is $478,200. The loan was approved on 03/13/2021 by The First Community Bank reported 32 jobs and $478,200 was used to fund payroll.

Lo down energy inc is Existing or more than 2 years old

PPP Loan Search / WV / Caretta / Lo down energy inc

LO DOWN ENERGY INC

Date Approved

03/13/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

LO DOWN ENERGY INC

Borrower Address

175 Camden Rd

Borrower City

Caretta

Borrower State

WV

Borrower Zip

24892-1400

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

535700.00

Current Approval Amount

478200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Caretta

Project County Name

MCDOWELL

Project State

WV

Project Zip

24892-1400

CD

WV-01

Jobs Reported

32

NAICS Code

212393

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

478200.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

480938.19

Forgiveness Date

10/27/2021

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