PPP Loan information for Maxim drilling co., inc.

$30,224

Maxim drilling co., inc. was initially approved for PPP Loan of amount $30,224, the current approved amount is $30,224. The loan was approved on 04/15/2020 by The New Peoples Bank, Inc. reported 3 jobs and $30,224 was used to fund payroll.

Maxim drilling co., inc. is New Business or 2 years or less

PPP Loan Search / VA / POUNDING MILL / Maxim drilling co., inc.

MAXIM DRILLING CO., INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAXIM DRILLING CO., INC.

Borrower Address

108 WALL ST

Borrower City

POUNDING MILL

Borrower State

VA

Borrower Zip

24637-4120

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30224.00

Current Approval Amount

30224.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

POUNDING MILL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24637-4120

CD

VA-09

Jobs Reported

3

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30224.00

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

Subchapter S Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30440.61

Forgiveness Date

01/07/2021

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