PPP Loan information for Drakin oil field construction inc

$512,860

Drakin oil field construction inc was initially approved for PPP Loan of amount $512,860, the current approved amount is $512,860. The loan was approved on 02/04/2021 by The Starion Bank reported 25 jobs and $512,860 was used to fund payroll.

Drakin oil field construction inc is Existing or more than 2 years old

PPP Loan Search / ND / Watford City / Drakin oil field construction inc

DRAKIN OIL FIELD CONSTRUCTION INC

Date Approved

02/04/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

DRAKIN OIL FIELD CONSTRUCTION INC

Borrower Address

2227 124T Ave NW

Borrower City

Watford City

Borrower State

ND

Borrower Zip

58854-6500

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

512860.00

Current Approval Amount

512860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watford City

Project County Name

MCKENZIE

Project State

ND

Project Zip

58854-6500

CD

ND-

Jobs Reported

25

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

512858.00

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

Corporation

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

516246.28

Forgiveness Date

10/08/2021

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