PPP Loan information for Drill it inc.

$37,305

Drill it inc. was initially approved for PPP Loan of amount $37,305, the current approved amount is $37,305. The loan was approved on 02/03/2021 by The Raccoon Valley Bank reported 2 jobs and $37,305 was used to fund payroll.

Drill it inc. is Existing or more than 2 years old

PPP Loan Search / IA / Adel / Drill it inc.

DRILL IT INC.

Date Approved

02/03/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

DRILL IT INC.

Borrower Address

23962 330th St

Borrower City

Adel

Borrower State

IA

Borrower Zip

50003-8429

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37305.00

Current Approval Amount

37305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Adel

Project County Name

DALLAS

Project State

IA

Project Zip

50003-8429

CD

IA-03

Jobs Reported

2

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37302.00

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

Subchapter S Corporation

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37602.40

Forgiveness Date

11/22/2021

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