PPP Loan information for Rotary drill service, inc.

$97,300

Rotary drill service, inc. was initially approved for PPP Loan of amount $97,300, the current approved amount is $97,300. The loan was approved on 04/15/2020 by The Peoples Bank reported 10 jobs and $97,300 was used to fund payroll.

Rotary drill service, inc. is Unanswered

PPP Loan Search / NC / NEWTON / Rotary drill service, inc.

ROTARY DRILL SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROTARY DRILL SERVICE, INC.

Borrower Address

1615 RAILROAD AVE

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97300.00

Current Approval Amount

97300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-0001

CD

NC-10

Jobs Reported

10

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97300.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98216.24

Forgiveness Date

04/01/2021

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