PPP Loan information for Gasco drilling inc.

$373,063

Gasco drilling inc. was initially approved for PPP Loan of amount $374,655, the current approved amount is $373,063. The loan was approved on 02/24/2021 by The The First Bank and Trust Company reported 22 jobs and $373,063 was used to fund payroll.

Gasco drilling inc. is Existing or more than 2 years old

GASCO DRILLING INC.

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GASCO DRILLING INC.

Borrower Address

530 Ratcliff Drive

Borrower City

Cedar Bluff

Borrower State

VA

Borrower Zip

24609

Loan Status Date

11/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374655.00

Current Approval Amount

373063.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Bluff

Project County Name

TAZEWELL

Project State

VA

Project Zip

24609

CD

VA-09

Jobs Reported

22

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

373060.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

379021.65

Forgiveness Date

10/14/2022

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