PPP Loan information for Ibex drilling solutions, inc.

$101,525

Ibex drilling solutions, inc. was initially approved for PPP Loan of amount $101,525, the current approved amount is $101,525. The loan was approved on 04/07/2020 by The The State National Bank of Big Spring reported 5 jobs and $101,525 was used to fund payroll.

Ibex drilling solutions, inc. is New Business or 2 years or less

PPP Loan Search / TX / MIDLAND / Ibex drilling solutions, inc.

IBEX DRILLING SOLUTIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

IBEX DRILLING SOLUTIONS, INC.

Borrower Address

PO Box 53207

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79710

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101525.00

Current Approval Amount

101525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69050

Servicing Lender Name

The State National Bank of Big Spring

Servicing Lender Address

901 Main St

Servicing Lender City

BIG SPRING

Servicing Lender State

TX

Servicing Lender Zip

79720-2927

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79710-0001

CD

TX-11

Jobs Reported

5

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101525.00

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

69050

Originating Lender

The State National Bank of Big Spring

Originating Lender City

BIG SPRING

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102150.84

Forgiveness Date

11/27/2020

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