PPP Loan information for C & j well drilling company

$450,000

C & j well drilling company was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/07/2020 by The State Bank reported 45 jobs and $450,000 was used to fund payroll.

C & j well drilling company is Existing or more than 2 years old

C & J WELL DRILLING COMPANY

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

C & J WELL DRILLING COMPANY

Borrower Address

8 EAST MAIN ST

Borrower City

BROWNSBURG

Borrower State

IN

Borrower Zip

46112-1214

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23892

Servicing Lender Name

State Bank

Servicing Lender Address

900 E 56th St

Servicing Lender City

BROWNSBURG

Servicing Lender State

IN

Servicing Lender Zip

46112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSBURG

Project County Name

HENDRICKS

Project State

IN

Project Zip

46112-1214

CD

IN-04

Jobs Reported

45

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

428000.00

Mortgage Interest Proceed

0.00

Rent Proceed

18500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23892

Originating Lender

State Bank

Originating Lender City

BROWNSBURG

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453883.56

Forgiveness Date

02/25/2021

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