PPP Loan information for Drilling tools international inc

$6,575,300

Drilling tools international inc was initially approved for PPP Loan of amount $6,575,300, the current approved amount is $6,575,300. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 410 jobs and $6,575,300 was used to fund payroll.

Drilling tools international inc is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Drilling tools international inc

DRILLING TOOLS INTERNATIONAL INC

Date Approved

04/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

DRILLING TOOLS INTERNATIONAL INC

Borrower Address

3701 BRIARPARK DR Ste 150

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77042-5207

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6575300.00

Current Approval Amount

6575300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77042-5207

CD

TX-07

Jobs Reported

410

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6575300.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6660778.90

Forgiveness Date

07/28/2021

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