AMERICA DIRECTIONAL BORING INC (VA) - 2020 PPP Loan Borrower Profile (# 7371788100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICA DIRECTIONAL BORING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

7371788100

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$38,045

Date Loan was Approved

Jul 23, 2020

Amount Forgiven

$38,346.23

Date Loan was Forgiven

May 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

38,045

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

237130

Borrower Location

STERLING, VA

Project Location

STERLING, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.