PPP Loan information for American drilling corp llc

$2,000,000

American drilling corp 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 02/04/2021 by The Washington Trust Bank reported 110 jobs and $2,000,000 was used to fund payroll.

American drilling corp llc is Existing or more than 2 years old

AMERICAN DRILLING CORP LLC

Date Approved

02/04/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

AMERICAN DRILLING CORP LLC

Borrower Address

19208 E Broadway Ave

Borrower City

Spokane Valley

Borrower State

WA

Borrower Zip

99016-8577

Loan Status Date

07/09/2022

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

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spokane Valley

Project County Name

SPOKANE

Project State

WA

Project Zip

99016-8577

CD

WA-05

Jobs Reported

110

NAICS Code

213114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026958.90

Forgiveness Date

06/21/2022

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