PPP Loan information for Buer well drilling, inc.

$174,058

Buer well drilling, inc. was initially approved for PPP Loan of amount $174,057, the current approved amount is $174,058. The loan was approved on 04/08/2020 by The Horizon Bank reported 11 jobs and $174,058 was used to fund payroll.

Buer well drilling, inc. is Existing or more than 2 years old

BUER WELL DRILLING, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUER WELL DRILLING, INC.

Borrower Address

239 E. Main St.

Borrower City

CALEDONIA

Borrower State

MI

Borrower Zip

49316

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174057.00

Current Approval Amount

174058.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALEDONIA

Project County Name

KENT

Project State

MI

Project Zip

49316-0001

CD

MI-03

Jobs Reported

11

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1468.00

Payroll Proceed

144023.00

Mortgage Interest Proceed

0.00

Rent Proceed

8234.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20333.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175021.28

Forgiveness Date

11/05/2020

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