PPP Loan information for Searles well drilling, inc.

$227,925

Searles well drilling, inc. was initially approved for PPP Loan of amount $227,925, the current approved amount is $227,925. The loan was approved on 04/08/2020 by The Pioneer Bank reported 18 jobs and $227,925 was used to fund payroll.

Searles well drilling, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Searles well drilling, inc.

SEARLES WELL DRILLING, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SEARLES WELL DRILLING, INC.

Borrower Address

13035 COUNTY ROAD 25

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-5191

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227925.00

Current Approval Amount

227925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-5191

CD

MN-01

Jobs Reported

18

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227925.00

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

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

229273.56

Forgiveness Date

11/17/2020

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