PPP Loan information for Drill tech, inc.

$250,800

Drill tech, inc. was initially approved for PPP Loan of amount $250,800, the current approved amount is $250,800. The loan was approved on 04/05/2020 by The Shore United Bank, National Association reported 14 jobs and $250,800 was used to fund payroll.

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

DRILL TECH, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DRILL TECH, INC.

Borrower Address

210 COUNTRY DAY RD

Borrower City

CHESTER

Borrower State

MD

Borrower Zip

21619-2603

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250800.00

Current Approval Amount

250800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

QUEEN ANNES

Project State

MD

Project Zip

21619-2603

CD

MD-01

Jobs Reported

14

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250800.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254166.90

Forgiveness Date

08/19/2021

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