PPP Loan information for United drilling, inc

$1,032,500

United drilling, inc was initially approved for PPP Loan of amount $1,032,500, the current approved amount is $1,032,500. The loan was approved on 04/06/2020 by The First American Bank reported 65 jobs and $1,032,500 was used to fund payroll.

United drilling, inc is Existing or more than 2 years old

PPP Loan Search / NM / ROSWELL / United drilling, inc

UNITED DRILLING, INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

UNITED DRILLING, INC

Borrower Address

203 Oscura Ave.

Borrower City

ROSWELL

Borrower State

NM

Borrower Zip

88202

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1032500.00

Current Approval Amount

1032500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSWELL

Project County Name

CHAVES

Project State

NM

Project Zip

88202-0001

CD

NM-03

Jobs Reported

65

NAICS Code

213112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1032500.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

846220.51

Forgiveness Date

05/26/2021

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