PPP Loan information for R. a. simmons well drilling co., inc.

$130,600

R. a. simmons well drilling co., inc. was initially approved for PPP Loan of amount $130,600, the current approved amount is $130,600. The loan was approved on 04/15/2020 by The Bank of Botetourt reported 9 jobs and $130,600 was used to fund payroll.

R. a. simmons well drilling co., inc. is Existing or more than 2 years old

PPP Loan Search / VA / BUCHANAN / R. a. simmons well drilling co., inc.

R. A. SIMMONS WELL DRILLING CO., INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R. A. SIMMONS WELL DRILLING CO., INC.

Borrower Address

60 Drill Rig Dr.

Borrower City

BUCHANAN

Borrower State

VA

Borrower Zip

24066

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130600.00

Current Approval Amount

130600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUCHANAN

Project County Name

BOTETOURT

Project State

VA

Project Zip

24066-0001

CD

VA-06

Jobs Reported

9

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6530.00

Payroll Proceed

97950.00

Mortgage Interest Proceed

0.00

Rent Proceed

26120.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132116.41

Forgiveness Date

06/08/2021

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