PPP Loan information for Cherokee directional drilling inc

$415,000

Cherokee directional drilling inc was initially approved for PPP Loan of amount $415,000, the current approved amount is $415,000. The loan was approved on 02/10/2021 by The Austin Bank, Texas National Association reported 29 jobs and $415,000 was used to fund payroll.

Cherokee directional drilling inc is Existing or more than 2 years old

CHEROKEE DIRECTIONAL DRILLING INC

Date Approved

02/10/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

CHEROKEE DIRECTIONAL DRILLING INC

Borrower Address

8706 US Highway 259

Borrower City

Longview

Borrower State

TX

Borrower Zip

75605-7377

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415000.00

Current Approval Amount

415000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70468

Servicing Lender Name

Austin Bank, Texas National Association

Servicing Lender Address

200 E Commerce St

Servicing Lender City

JACKSONVILLE

Servicing Lender State

TX

Servicing Lender Zip

75766-4904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longview

Project County Name

GREGG

Project State

TX

Project Zip

75605-7377

CD

TX-01

Jobs Reported

29

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

415000.00

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

Subchapter S Corporation

Originating Lender Location Id

70468

Originating Lender

Austin Bank, Texas National Association

Originating Lender City

JACKSONVILLE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

417317.08

Forgiveness Date

09/01/2021

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