PPP Loan information for Power rig rental tool inc

$287,137

Power rig rental tool inc was initially approved for PPP Loan of amount $287,137, the current approved amount is $287,137. The loan was approved on 01/29/2021 by The First Horizon Bank reported 17 jobs and $287,137 was used to fund payroll.

Power rig rental tool inc is Existing or more than 2 years old

POWER RIG RENTAL TOOL INC

Date Approved

01/29/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

POWER RIG RENTAL TOOL INC

Borrower Address

2216 W Willow St

Borrower City

Scott

Borrower State

LA

Borrower Zip

70583-5220

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287137.00

Current Approval Amount

287137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Scott

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-5220

CD

LA-03

Jobs Reported

17

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

287132.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290750.14

Forgiveness Date

05/23/2022

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