# PPP loan: LO DOWN ENERGY INC
> **$478K** approved 03/13/2021 · Paid in Full · Loan `1590978602`
## Borrower
- **Name:** LO DOWN ENERGY INC
- **Address:** 175 Camden Rd, Caretta, WV, 24892-1400
- **NAICS:** 212393
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $478K
- **Initial approval:** $536K
- **Forgiven:** $481K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $478K
- **Jobs reported:** 32
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*