PPP Loan information for Gwaltney drilling, inc

$280,000

Gwaltney drilling, inc was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 04/15/2020 by The Old National Bank reported 29 jobs and $280,000 was used to fund payroll.

Gwaltney drilling, inc is Existing or more than 2 years old

GWALTNEY DRILLING, INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GWALTNEY DRILLING, INC

Borrower Address

101 SE 3 rd St

Borrower City

WASHINGTON

Borrower State

IN

Borrower Zip

47501-3208

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DAVIESS

Project State

IN

Project Zip

47501-3208

CD

IN-08

Jobs Reported

29

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

280000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

281979.18

Forgiveness Date

01/13/2021

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