PPP Loan information for Lifetime well drilling co

$182,230

Lifetime well drilling co was initially approved for PPP Loan of amount $182,230, the current approved amount is $182,230. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 17 jobs and $182,230 was used to fund payroll.

Lifetime well drilling co is Existing or more than 2 years old

LIFETIME WELL DRILLING CO

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LIFETIME WELL DRILLING CO

Borrower Address

24321 Shore Highway

Borrower City

DENTON

Borrower State

MD

Borrower Zip

21629-1912

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182230.00

Current Approval Amount

182230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENTON

Project County Name

CAROLINE

Project State

MD

Project Zip

21629-1912

CD

MD-01

Jobs Reported

17

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182230.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

183444.87

Forgiveness Date

12/14/2020

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