PPP Loan information for Directional drilling specialists, llc

$41,162

Directional drilling specialists, llc was initially approved for PPP Loan of amount $41,163, the current approved amount is $41,162. The loan was approved on 04/11/2020 by The Two Rivers Bank & Trust reported 3 jobs and $41,162 was used to fund payroll.

Directional drilling specialists, llc is New Business or 2 years or less

DIRECTIONAL DRILLING SPECIALISTS, LLC

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DIRECTIONAL DRILLING SPECIALISTS, LLC

Borrower Address

10851 G76 HWY

Borrower City

NEW VIRGINIA

Borrower State

IA

Borrower Zip

50210-9215

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41162.65

Current Approval Amount

41162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW VIRGINIA

Project County Name

WARREN

Project State

IA

Project Zip

50210-9215

CD

IA-01

Jobs Reported

3

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41162.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41459.28

Forgiveness Date

01/14/2021

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