PPP Loan information for Rig power inc.

$765,278

Rig power inc. was initially approved for PPP Loan of amount $765,278, the current approved amount is $765,278. The loan was approved on 02/09/2021 by The The Yoakum National Bank reported 88 jobs and $765,278 was used to fund payroll.

Rig power inc. is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Rig power inc.

RIG POWER INC.

Date Approved

02/09/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RIG POWER INC.

Borrower Address

415 W Wall St Ste 835

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-4592

Loan Status Date

09/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

765277.80

Current Approval Amount

765277.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72202

Servicing Lender Name

The Yoakum National Bank

Servicing Lender Address

301 W Grand Ave

Servicing Lender City

YOAKUM

Servicing Lender State

TX

Servicing Lender Zip

77995-2615

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-4592

CD

TX-11

Jobs Reported

88

NAICS Code

213112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

765277.80

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

72202

Originating Lender

The Yoakum National Bank

Originating Lender City

YOAKUM

Originating Lender State

TX

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

776390.05

Forgiveness Date

07/28/2022

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