PPP Loan information for Worley machine enterprises, incorporated

$185,900

Worley machine enterprises, incorporated was initially approved for PPP Loan of amount $251,700, the current approved amount is $185,900. The loan was approved on 04/03/2020 by The First Community Bank reported 34 jobs and $185,900 was used to fund payroll.

Worley machine enterprises, incorporated is Existing or more than 2 years old

WORLEY MACHINE ENTERPRISES, INCORPORATED

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WORLEY MACHINE ENTERPRISES, INCORPORATED

Borrower Address

8735 WOOLWINE HWY

Borrower City

WOOLWINE

Borrower State

VA

Borrower Zip

24185

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251700.00

Current Approval Amount

185900.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOOLWINE

Project County Name

PATRICK

Project State

VA

Project Zip

24185-0001

CD

VA-09

Jobs Reported

34

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185900.00

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

Non-Veteran

Non Profit

Forgiveness Amount

186999.91

Forgiveness Date

11/23/2020

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