PPP Loan information for Phillips energy, inc.

$454,400

Phillips energy, inc. was initially approved for PPP Loan of amount $454,400, the current approved amount is $454,400. The loan was approved on 04/09/2020 by The Chesapeake Bank reported 49 jobs and $454,400 was used to fund payroll.

Phillips energy, inc. is Existing or more than 2 years old

PPP Loan Search / VA / HAYES / Phillips energy, inc.

PHILLIPS ENERGY, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PHILLIPS ENERGY, INC.

Borrower Address

2586 GEORGE WASHINGTON MEMORIAL HWY

Borrower City

HAYES

Borrower State

VA

Borrower Zip

23072-3570

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454400.00

Current Approval Amount

454400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAYES

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-3570

CD

VA-01

Jobs Reported

49

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

358400.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457820.62

Forgiveness Date

01/13/2021

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