PPP Loan information for Drillco equipment company inc

$151,611

Drillco equipment company inc was initially approved for PPP Loan of amount $151,611, the current approved amount is $151,611. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $151,611 was used to fund payroll.

Drillco equipment company inc is New Business or 2 years or less

PPP Loan Search / NY / LONG ISLAND CITY / Drillco equipment company inc

DRILLCO EQUIPMENT COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DRILLCO EQUIPMENT COMPANY INC

Borrower Address

1005 35TH AVE

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11106-5017

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151611.00

Current Approval Amount

151611.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11106-5017

CD

NY-14

Jobs Reported

8

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151611.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153397.10

Forgiveness Date

07/09/2021

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