PPP Loan information for Lo down energy inc

$535,700

Lo down energy inc was initially approved for PPP Loan of amount $535,700, the current approved amount is $535,700. The loan was approved on 04/28/2020 by The First Community Bank reported 32 jobs and $535,700 was used to fund payroll.

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

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

LO DOWN ENERGY INC

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LO DOWN ENERGY INC

Borrower Address

Rt 16 Coretta

Borrower City

Mullens

Borrower State

WV

Borrower Zip

25882

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

535700.00

Current Approval Amount

535700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Mullens

Project County Name

WYOMING

Project State

WV

Project Zip

25882-0001

CD

WV-01

Jobs Reported

32

NAICS Code

213113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

107140.00

Payroll Proceed

428560.00

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

541101.03

Forgiveness Date

05/12/2021

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