PPP Loan information for Sanderson well drilling

$42,354

Sanderson well drilling was initially approved for PPP Loan of amount $42,354, the current approved amount is $42,354. The loan was approved on 01/29/2021 by The First Bank of the Lake reported 5 jobs and $42,354 was used to fund payroll.

Sanderson well drilling is Existing or more than 2 years old

SANDERSON WELL DRILLING

Date Approved

01/29/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SANDERSON WELL DRILLING

Borrower Address

6350 E 100 N

Borrower City

Lagrange

Borrower State

IN

Borrower Zip

46761-9680

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42353.79

Current Approval Amount

42353.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lagrange

Project County Name

LAGRANGE

Project State

IN

Project Zip

46761-9680

CD

IN-03

Jobs Reported

5

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42352.79

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42742.03

Forgiveness Date

01/12/2022

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