PPP Loan information for Locken oilfield service inc

$96,600

Locken oilfield service inc was initially approved for PPP Loan of amount $96,600, the current approved amount is $96,600. The loan was approved on 01/29/2021 by The Cornerstone Bank reported 5 jobs and $96,600 was used to fund payroll.

Locken oilfield service inc is Existing or more than 2 years old

PPP Loan Search / ND / New Town / Locken oilfield service inc

LOCKEN OILFIELD SERVICE INC

Date Approved

01/29/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

LOCKEN OILFIELD SERVICE INC

Borrower Address

4699 Highway 8

Borrower City

New Town

Borrower State

ND

Borrower Zip

58763-9607

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96600.00

Current Approval Amount

96600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Town

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763-9607

CD

ND-

Jobs Reported

5

NAICS Code

541990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

96597.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

97045.43

Forgiveness Date

07/28/2021

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