Phillips Energy, Inc.
$454,400 PPP Loan in Hayes, Virginia
Loan Details
- Loan Number
- 8969977003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $454,400
- Current Approval
- $454,400
- Forgiveness Amount
- $457,821
- Forgiveness Date
- Jan 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Phillips Energy, Inc.
- Address
- 2586 George Washington Memorial Hwy
- City
- Hayes
- State
- Virginia
- ZIP Code
- 23072-3570
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (454310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 49
- Estimated Revenue
- $11.7M
- Rural/Urban
- Rural
- Congressional District
- VA-01
Loan Use Breakdown
- Payroll
- $358,400
- Rent
- $34,000
- Utilities
- $10,000
- Health Care
- $42,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- Chesapeake Bank
- Originating Lender
- Chesapeake Bank
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