PPP Loan information for Ortman drilling inc

$431,850

Ortman drilling inc was initially approved for PPP Loan of amount $431,850, the current approved amount is $431,850. The loan was approved on 04/13/2020 by The First Farmers Bank & Trust Co. reported 38 jobs and $431,850 was used to fund payroll.

Ortman drilling inc is Existing or more than 2 years old

PPP Loan Search / IN / KOKOMO / Ortman drilling inc

ORTMAN DRILLING INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ORTMAN DRILLING INC

Borrower Address

241 N. 300 W.

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46901-3984

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431850.00

Current Approval Amount

431850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46901-3984

CD

IN-05

Jobs Reported

38

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431850.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

435198.32

Forgiveness Date

02/01/2021

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