PPP Loan information for M & w drilling llc

$400,934

M & w drilling llc was initially approved for PPP Loan of amount $400,934, the current approved amount is $400,934. The loan was approved on 02/23/2021 by The Truist Bank reported 29 jobs and $400,934 was used to fund payroll.

M & w drilling llc is Existing or more than 2 years old

M & W DRILLING LLC

Date Approved

02/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

M & W DRILLING LLC

Borrower Address

8321 Oak Ridge Hwy

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37931-2438

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400933.58

Current Approval Amount

400933.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37931-2438

CD

TN-02

Jobs Reported

29

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

400929.58

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403272.36

Forgiveness Date

10/04/2021

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