PPP Loan information for Drop tine drill bits inc

$97,230

Drop tine drill bits inc was initially approved for PPP Loan of amount $97,230, the current approved amount is $97,230. The loan was approved on 01/23/2021 by The Gate City Bank reported 5 jobs and $97,230 was used to fund payroll.

Drop tine drill bits inc is Existing or more than 2 years old

PPP Loan Search / ND / Williston / Drop tine drill bits inc

DROP TINE DRILL BITS INC

Date Approved

01/23/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

DROP TINE DRILL BITS INC

Borrower Address

6823 Darby Ln

Borrower City

Williston

Borrower State

ND

Borrower Zip

58801-4083

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97230.00

Current Approval Amount

97230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williston

Project County Name

WILLIAMS

Project State

ND

Project Zip

58801-4083

CD

ND-

Jobs Reported

5

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97227.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97637.83

Forgiveness Date

06/29/2021

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