PPP Loan information for Intrepid directional drilling specialists ltd

$2,000,000

Intrepid directional drilling specialists ltd was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/01/2021 by The Mid Penn Bank reported 121 jobs and $2,000,000 was used to fund payroll.

Intrepid directional drilling specialists ltd is Existing or more than 2 years old

INTREPID DIRECTIONAL DRILLING SPECIALISTS LTD

Date Approved

02/01/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

INTREPID DIRECTIONAL DRILLING SPECIALISTS LTD

Borrower Address

10314 State Highway 191

Borrower City

Midland

Borrower State

TX

Borrower Zip

79707-1496

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-1496

CD

TX-11

Jobs Reported

121

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Partnership

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023888.89

Forgiveness Date

04/18/2022

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