PPP Loan information for Downhole solutions inc

$63,082

Downhole solutions inc was initially approved for PPP Loan of amount $63,082, the current approved amount is $63,082. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $63,082 was used to fund payroll.

Downhole solutions inc is Existing or more than 2 years old

DOWNHOLE SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DOWNHOLE SOLUTIONS INC

Borrower Address

79617 Hwy 41

Borrower City

BUSH

Borrower State

LA

Borrower Zip

70431

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63082.00

Current Approval Amount

63082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUSH

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70431-0001

CD

LA-01

Jobs Reported

4

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

225.00

Payroll Proceed

55207.00

Mortgage Interest Proceed

0.00

Rent Proceed

3750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63543.94

Forgiveness Date

01/26/2021

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