PPP Loan information for Power rig llc

$2,000,000

Power rig llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/19/2021 by The Bank 7 reported 83 jobs and $2,000,000 was used to fund payroll.

Power rig llc is Existing or more than 2 years old

POWER RIG LLC

Date Approved

01/19/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

POWER RIG LLC

Borrower Address

199584 E County Road 39

Borrower City

Woodward

Borrower State

OK

Borrower Zip

73801-5876

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59062

Servicing Lender Name

Bank 7

Servicing Lender Address

1039 NW 63rd St

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73116-7361

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodward

Project County Name

WOODWARD

Project State

OK

Project Zip

73801-5876

CD

OK-03

Jobs Reported

83

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59062

Originating Lender

Bank 7

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2009444.44

Forgiveness Date

07/16/2021

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