PPP Loan information for Versatile drilling contractors inc.

$481,422

Versatile drilling contractors inc. was initially approved for PPP Loan of amount $481,422, the current approved amount is $481,422. The loan was approved on 01/29/2021 by The Umpqua Bank reported 20 jobs and $481,422 was used to fund payroll.

Versatile drilling contractors inc. is Existing or more than 2 years old

PPP Loan Search / WA / SEATTLE / Versatile drilling contractors inc.

VERSATILE DRILLING CONTRACTORS INC.

Date Approved

01/29/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

VERSATILE DRILLING CONTRACTORS INC.

Borrower Address

7201 DETROIT AVE SW

Borrower City

SEATTLE

Borrower State

WA

Borrower Zip

98108

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

481422.00

Current Approval Amount

481422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEATTLE

Project County Name

KING

Project State

WA

Project Zip

98108

CD

WA-07

Jobs Reported

20

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

481420.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

483083.90

Forgiveness Date

06/15/2021

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