PPP Loan information for United drilling inc

$683,563

United drilling inc was initially approved for PPP Loan of amount $683,563, the current approved amount is $683,563. The loan was approved on 01/21/2021 by The Lea County State Bank reported 67 jobs and $683,563 was used to fund payroll.

United drilling inc is Existing or more than 2 years old

UNITED DRILLING INC

Date Approved

01/21/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

UNITED DRILLING INC

Borrower Address

1900 N Atkinson Ave

Borrower City

Roswell

Borrower State

NM

Borrower Zip

88201-7600

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

683562.50

Current Approval Amount

683562.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roswell

Project County Name

CHAVES

Project State

NM

Project Zip

88201-7600

CD

NM-03

Jobs Reported

67

NAICS Code

213111

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

683558.50

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687813.70

Forgiveness Date

09/10/2021

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