PPP Loan information for Recovery drilling services, llc

$1,161,000

Recovery drilling services, llc was initially approved for PPP Loan of amount $1,161,000, the current approved amount is $1,161,000. The loan was approved on 04/06/2020 by The Webster Five Cents Savings Bank reported 78 jobs and $1,161,000 was used to fund payroll.

Recovery drilling services, llc is Existing or more than 2 years old

RECOVERY DRILLING SERVICES, LLC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RECOVERY DRILLING SERVICES, LLC

Borrower Address

157 West MAIN ST

Borrower City

DUDLEY

Borrower State

MA

Borrower Zip

01571-3817

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1161000.00

Current Approval Amount

1161000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUDLEY

Project County Name

WORCESTER

Project State

MA

Project Zip

01571-3817

CD

MA-01

Jobs Reported

78

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1161000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1157458.39

Forgiveness Date

11/05/2020

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