PPP Loan information for Advanced drilling equipment supply company, llc

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

ADVANCED DRILLING EQUIPMENT SUPPLY COMPANY, LLC

Borrower Address

859 E GRAND AVE

Borrower City

FRUITA

Borrower State

CO

Borrower Zip

81521-3017

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

641000.00

Current Approval Amount

641000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRUITA

Project County Name

MESA

Project State

CO

Project Zip

81521-3017

CD

CO-03

Jobs Reported

22

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480750.00

Mortgage Interest Proceed

0.00

Rent Proceed

160250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

648389.31

Forgiveness Date

06/11/2021