PPP Loan information for Ja drake well service inc

$785,300

Ja drake well service inc was initially approved for PPP Loan of amount $785,300, the current approved amount is $785,300. The loan was approved on 04/04/2020 by The The Citizens Bank reported 52 jobs and $785,300 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

04/04/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

JA DRAKE WELL SERVICE INC

Borrower Address

607 W Pinon

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-5973

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

785300.00

Current Approval Amount

785300.00

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

N

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

52

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

701186.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84114.00

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

779633.18

Forgiveness Date

11/05/2020

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