# PPP loan: LO DOWN ENERGY INC
> **$536K** approved 04/28/2020 · Paid in Full · Loan `7861687210`
## Borrower
- **Name:** LO DOWN ENERGY INC
- **Address:** Rt 16 Coretta, Mullens, WV, 25882
- **NAICS:** 213113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Utilities:** $107K
- **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*