PPP Loan information for Radial drilling services inc

$256,021

Radial drilling services inc was initially approved for PPP Loan of amount $256,021, the current approved amount is $256,021. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 20 jobs and $256,021 was used to fund payroll.

Radial drilling services inc is New Business or 2 years or less

RADIAL DRILLING SERVICES INC

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

RADIAL DRILLING SERVICES INC

Borrower Address

4921 SPRING CYPRESS RD

Borrower City

SPRING

Borrower State

TX

Borrower Zip

77379-3444

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256021.00

Current Approval Amount

256021.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPRING

Project County Name

HARRIS

Project State

TX

Project Zip

77379-3444

CD

TX-02

Jobs Reported

20

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256021.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196504.86

Forgiveness Date

08/25/2022

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