Lo Down Energy INC

$535,700 PPP Loan in Mullens, West Virginia

Loan Details

Loan Number
7861687210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$535,700
Current Approval
$535,700
Forgiveness Amount
$541,101
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lo Down Energy INC
Address
Rt 16 Coretta
ZIP Code
25882
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213113)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$428,560
Utilities
$107,140

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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