PPP Loan information for Drill tech inc.

$25,415

Drill tech inc. was initially approved for PPP Loan of amount $25,415, the current approved amount is $25,415. The loan was approved on 02/24/2021 by The Commerce Bank reported 4 jobs and $25,415 was used to fund payroll.

Drill tech inc. is Existing or more than 2 years old

DRILL TECH INC.

Date Approved

02/24/2021

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DRILL TECH INC.

Borrower Address

775 E Morgan St

Borrower City

Tipton

Borrower State

MO

Borrower Zip

65081-8371

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25414.90

Current Approval Amount

25414.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tipton

Project County Name

MONITEAU

Project State

MO

Project Zip

65081-8371

CD

MO-03

Jobs Reported

4

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25412.90

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25536.33

Forgiveness Date

08/18/2021

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