PPP Loan information for Freedom drilling services

$344,944

Freedom drilling services was initially approved for PPP Loan of amount $344,944, the current approved amount is $344,944. The loan was approved on 03/09/2021 by The Farmers & Merchants Bank of Colby reported 12 jobs and $344,944 was used to fund payroll.

Freedom drilling services is Existing or more than 2 years old

FREEDOM DRILLING SERVICES

Date Approved

03/09/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

FREEDOM DRILLING SERVICES

Borrower Address

11210 Ponderosa Trl

Borrower City

Windsor

Borrower State

CO

Borrower Zip

80550-3230

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344944.10

Current Approval Amount

344944.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122661

Servicing Lender Name

Farmers & Merchants Bank of Colby

Servicing Lender Address

240 W 4th St

Servicing Lender City

COLBY

Servicing Lender State

KS

Servicing Lender Zip

67701-2239

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windsor

Project County Name

WELD

Project State

CO

Project Zip

80550-3230

CD

CO-04

Jobs Reported

12

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

344940.10

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

Limited Liability Company(LLC)

Originating Lender Location Id

122661

Originating Lender

Farmers & Merchants Bank of Colby

Originating Lender City

COLBY

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347492.85

Forgiveness Date

12/08/2021

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