PPP Loan information for Drop tine drill bits, inc.

$126,377

Drop tine drill bits, inc. was initially approved for PPP Loan of amount $126,377, the current approved amount is $126,377. The loan was approved on 04/13/2020 by The Gate City Bank reported 7 jobs and $126,377 was used to fund payroll.

Drop tine drill bits, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WILLISTON / Drop tine drill bits, inc.

DROP TINE DRILL BITS, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DROP TINE DRILL BITS, INC.

Borrower Address

6823 Darby Ln

Borrower City

WILLISTON

Borrower State

ND

Borrower Zip

58801-4083

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126377.00

Current Approval Amount

126377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLISTON

Project County Name

WILLIAMS

Project State

ND

Project Zip

58801-4083

CD

ND-

Jobs Reported

7

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126377.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127289.72

Forgiveness Date

12/30/2020

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