PPP Loan information for Drakin oilfield construction, inc

$549,300

Drakin oilfield construction, inc was initially approved for PPP Loan of amount $549,300, the current approved amount is $549,300. The loan was approved on 04/03/2020 by The Starion Bank reported 18 jobs and $549,300 was used to fund payroll.

Drakin oilfield construction, inc is Existing or more than 2 years old

PPP Loan Search / ND / WATFORD CITY / Drakin oilfield construction, inc

DRAKIN OILFIELD CONSTRUCTION, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DRAKIN OILFIELD CONSTRUCTION, INC

Borrower Address

318 124T AVE NW

Borrower City

WATFORD CITY

Borrower State

ND

Borrower Zip

58854-6500

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549300.00

Current Approval Amount

549300.00

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

N

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

18

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4300.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

45000.00

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

555665.86

Forgiveness Date

06/11/2021

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