PPP Loan information for Associated drilling, inc

$109,600

Associated drilling, inc was initially approved for PPP Loan of amount $109,600, the current approved amount is $109,600. The loan was approved on 04/06/2020 by The Community First National Bank reported 12 jobs and $109,600 was used to fund payroll.

Associated drilling, inc is Existing or more than 2 years old

ASSOCIATED DRILLING, INC

Date Approved

04/06/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

ASSOCIATED DRILLING, INC

Borrower Address

201 INDUSTRIAL RD

Borrower City

OLSBURG

Borrower State

KS

Borrower Zip

66520-9665

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109600.00

Current Approval Amount

109600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222716

Servicing Lender Name

Community First National Bank

Servicing Lender Address

215 S Seth Child Rd

Servicing Lender City

MANHATTAN

Servicing Lender State

KS

Servicing Lender Zip

66502-3089

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLSBURG

Project County Name

POTTAWATOMIE

Project State

KS

Project Zip

66520-9665

CD

KS-01

Jobs Reported

12

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109600.00

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

Subchapter S Corporation

Originating Lender Location Id

222716

Originating Lender

Community First National Bank

Originating Lender City

MANHATTAN

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110598.58

Forgiveness Date

03/11/2021

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