PPP Loan information for Stock drilling inc.

$182,858

Stock drilling inc. was initially approved for PPP Loan of amount $182,858, the current approved amount is $182,858. The loan was approved on 03/24/2021 by The First Merchants Bank reported 12 jobs and $182,858 was used to fund payroll.

Stock drilling inc. is Existing or more than 2 years old

STOCK DRILLING INC.

Date Approved

03/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STOCK DRILLING INC.

Borrower Address

29 Pahl Mall St

Borrower City

Petersburg

Borrower State

MI

Borrower Zip

49270

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182858.15

Current Approval Amount

182858.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petersburg

Project County Name

MONROE

Project State

MI

Project Zip

49270

CD

MI-07

Jobs Reported

12

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

182856.15

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184822.00

Forgiveness Date

04/26/2022

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