PPP Loan information for Downhole stabilization inc.

$346,353

Downhole stabilization inc. was initially approved for PPP Loan of amount $346,353, the current approved amount is $346,353. The loan was approved on 04/07/2021 by The First Bank of the Lake reported 22 jobs and $346,353 was used to fund payroll.

Downhole stabilization inc. is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Downhole stabilization inc.

DOWNHOLE STABILIZATION INC.

Date Approved

04/07/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

DOWNHOLE STABILIZATION INC.

Borrower Address

3515 Thomas Way

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93308-6215

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346353.46

Current Approval Amount

346353.46

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93308-6215

CD

CA-20

Jobs Reported

22

NAICS Code

333132

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

346348.46

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

349239.74

Forgiveness Date

02/10/2022

;