PPP Loan information for Rig works inc.

$593,902

Rig works inc. was initially approved for PPP Loan of amount $593,902, the current approved amount is $593,902. The loan was approved on 02/02/2021 by The American Momentum Bank reported 23 jobs and $593,902 was used to fund payroll.

Rig works inc. is Existing or more than 2 years old

RIG WORKS INC.

Date Approved

02/02/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RIG WORKS INC.

Borrower Address

2310 Steven Rd

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-1827

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

593902.00

Current Approval Amount

593902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-1827

CD

TX-11

Jobs Reported

23

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

593898.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

599560.57

Forgiveness Date

01/13/2022

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