PPP Loan information for American drilling of sarasota inc

$133,530

American drilling of sarasota inc was initially approved for PPP Loan of amount $133,530, the current approved amount is $133,530. The loan was approved on 04/15/2020 by The First Horizon Bank reported 18 jobs and $133,530 was used to fund payroll.

American drilling of sarasota inc is Existing or more than 2 years old

AMERICAN DRILLING OF SARASOTA INC

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AMERICAN DRILLING OF SARASOTA INC

Borrower Address

4435 INDEPENDENCE CT

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34234

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133530.00

Current Approval Amount

133530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-0001

CD

FL-17

Jobs Reported

18

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133530.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134802.24

Forgiveness Date

04/06/2021

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