PPP Loan information for Rig power, inc.

$962,072

Rig power, inc. was initially approved for PPP Loan of amount $962,072, the current approved amount is $962,072. The loan was approved on 04/13/2020 by The American Momentum Bank reported 50 jobs and $962,072 was used to fund payroll.

Rig power, inc. is Unanswered

RIG POWER, INC.

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RIG POWER, INC.

Borrower Address

PO Box 10982

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79702

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

962072.00

Current Approval Amount

962072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79702-0001

CD

TX-11

Jobs Reported

50

NAICS Code

213112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

962072.00

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

Subchapter S Corporation

Originating Lender Location Id

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

970222.89

Forgiveness Date

02/17/2021

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