PPP Loan information for Summit drilling llc

$119,200

Summit drilling llc was initially approved for PPP Loan of amount $119,200, the current approved amount is $119,200. The loan was approved on 04/07/2020 by The City State Bank reported 11 jobs and $119,200 was used to fund payroll.

Summit drilling llc is Existing or more than 2 years old

PPP Loan Search / IA / URBANDALE / Summit drilling llc

SUMMIT DRILLING LLC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SUMMIT DRILLING LLC

Borrower Address

4423 125th St

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50323-2346

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119200.00

Current Approval Amount

119200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50323-2346

CD

IA-03

Jobs Reported

11

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120114.41

Forgiveness Date

01/20/2021

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