PPP Loan information for Noram drilling company

$5,500,000

Noram drilling company was initially approved for PPP Loan of amount $5,500,000, the current approved amount is $5,500,000. The loan was approved on 04/28/2020 by The Prosperity Bank reported 100 jobs and $5,500,000 was used to fund payroll.

Noram drilling company is Existing or more than 2 years old

NORAM DRILLING COMPANY

Date Approved

04/28/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

NORAM DRILLING COMPANY

Borrower Address

8400 N Sam Houston Parkway West Suite 12o

Borrower City

Houston

Borrower State

TX

Borrower Zip

77064-3461

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5500000.00

Current Approval Amount

5500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Houston

Project County Name

HARRIS

Project State

TX

Project Zip

77064-3461

CD

TX-18

Jobs Reported

100

NAICS Code

211120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5500000.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5555301.37

Forgiveness Date

05/10/2021

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