PPP Loan information for Atlas drilling corp.

$78,987

Atlas drilling corp. was initially approved for PPP Loan of amount $78,987, the current approved amount is $78,987. The loan was approved on 04/09/2020 by The Frandsen Bank & Trust reported 8 jobs and $78,987 was used to fund payroll.

Atlas drilling corp. is Existing or more than 2 years old

ATLAS DRILLING CORP.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ATLAS DRILLING CORP.

Borrower Address

8960 235th Street W

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-7876

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78987.00

Current Approval Amount

78987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-7876

CD

MN-02

Jobs Reported

8

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78987.00

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

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79556.14

Forgiveness Date

01/07/2021

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