PPP Loan information for Florida design drilling corporation

$1,052,225

Florida design drilling corporation was initially approved for PPP Loan of amount $1,052,225, the current approved amount is $1,052,225. The loan was approved on 04/05/2020 by The Flagler Bank reported 68 jobs and $1,052,225 was used to fund payroll.

Florida design drilling corporation is Change of Ownership

PPP Loan Search / FL / WEST PALM BEACH / Florida design drilling corporation

FLORIDA DESIGN DRILLING CORPORATION

Date Approved

04/05/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FLORIDA DESIGN DRILLING CORPORATION

Borrower Address

7733 Hopper Road

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33411-3806

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1052225.00

Current Approval Amount

1052225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124448

Servicing Lender Name

Flagler Bank

Servicing Lender Address

1801 Forest Hill Blvd

Servicing Lender City

WEST PALM BEACH

Servicing Lender State

FL

Servicing Lender Zip

33406-6021

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33411-3806

CD

FL-20

Jobs Reported

68

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1052225.00

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

124448

Originating Lender

Flagler Bank

Originating Lender City

WEST PALM BEACH

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1060095.07

Forgiveness Date

01/11/2021

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