PPP Loan information for Drilling equipment sales, inc.

$37,147

Drilling equipment sales, inc. was initially approved for PPP Loan of amount $37,147, the current approved amount is $37,147. The loan was approved on 04/14/2020 by The United Bank reported 2 jobs and $37,147 was used to fund payroll.

Drilling equipment sales, inc. is Existing or more than 2 years old

DRILLING EQUIPMENT SALES, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRILLING EQUIPMENT SALES, INC.

Borrower Address

2515 US HIGHWAY 70 SW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-4744

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37147.00

Current Approval Amount

37147.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4744

CD

NC-10

Jobs Reported

2

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37147.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37602.05

Forgiveness Date

07/14/2021

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