PPP Loan information for Drilling & production co

$139,920

Drilling & production co was initially approved for PPP Loan of amount $139,920, the current approved amount is $139,920. The loan was approved on 02/23/2021 by The Wells Fargo Bank, National Association reported 8 jobs and $139,920 was used to fund payroll.

Drilling & production co is Existing or more than 2 years old

DRILLING & PRODUCTION CO

Date Approved

02/23/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

DRILLING & PRODUCTION CO

Borrower Address

2323 Border Ave

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90501-3614

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139920.00

Current Approval Amount

139920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-3614

CD

CA-43

Jobs Reported

8

NAICS Code

211120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139920.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

140989.53

Forgiveness Date

12/01/2021

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