PPP Loan information for Magnum drilling, inc

$39,200

Magnum drilling, inc was initially approved for PPP Loan of amount $39,200, the current approved amount is $39,200. The loan was approved on 06/17/2020 by The Peoples Bank reported 7 jobs and $39,200 was used to fund payroll.

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

PPP Loan Search / KY / ASHLAND / Magnum drilling, inc

MAGNUM DRILLING, INC

Date Approved

06/17/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAGNUM DRILLING, INC

Borrower Address

9501 STATE ROUTE 5

Borrower City

ASHLAND

Borrower State

KY

Borrower Zip

41102-8555

Loan Status Date

06/30/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39200.00

Current Approval Amount

39200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

BOYD

Project State

KY

Project Zip

41102-8555

CD

KY-05

Jobs Reported

7

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3920.00

Payroll Proceed

31360.00

Mortgage Interest Proceed

3920.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39364.42

Forgiveness Date

11/23/2020

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