PPP Loan information for Summit drilling co. inc

$840,300

Summit drilling co. inc was initially approved for PPP Loan of amount $840,300, the current approved amount is $840,300. The loan was approved on 04/10/2020 by The First Bank reported 48 jobs and $840,300 was used to fund payroll.

Summit drilling co. inc is Existing or more than 2 years old

PPP Loan Search / NJ / BRIDGEWATER / Summit drilling co. inc

SUMMIT DRILLING CO. INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUMMIT DRILLING CO. INC

Borrower Address

81A CHIMNEY ROCK RD

Borrower City

BRIDGEWATER

Borrower State

NJ

Borrower Zip

08807-3179

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

840300.00

Current Approval Amount

840300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEWATER

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-3179

CD

NJ-12

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

840300.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

845387.84

Forgiveness Date

11/25/2020

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