PPP Loan information for Ja drake well service inc

$921,748

Ja drake well service inc was initially approved for PPP Loan of amount $921,748, the current approved amount is $921,748. The loan was approved on 01/17/2021 by The The Citizens Bank reported 50 jobs and $921,748 was used to fund payroll.

Ja drake well service inc is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / Ja drake well service inc

JA DRAKE WELL SERVICE INC

Date Approved

01/17/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

JA DRAKE WELL SERVICE INC

Borrower Address

607 W Pinon St

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-5973

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

921747.70

Current Approval Amount

921747.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-5973

CD

NM-03

Jobs Reported

50

NAICS Code

211130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

921744.70

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

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

928616.61

Forgiveness Date

10/20/2021

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