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Commonwealth Excavating Inc.

$357,540 PPP Loan in Verona, Virginia

Loan Details

Loan Number
1877528310
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$357,540
Current Approval
$357,540
Forgiveness Amount
$360,986
Forgiveness Date
Jan 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Commonwealth Excavating Inc.
Address
40 Sutton Road
City
Verona
State
Virginia
ZIP Code
24482
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$9.7M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$357,534
Utilities
$1

Lender Information

Servicing Lender
The First Bank and Trust Company
Originating Lender
The First Bank and Trust Company

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