PPP Loan information for Rig works, inc.

$549,900

Rig works, inc. was initially approved for PPP Loan of amount $549,900, the current approved amount is $549,900. The loan was approved on 04/14/2020 by The SouthWest Bank reported 30 jobs and $549,900 was used to fund payroll.

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

RIG WORKS, INC.

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RIG WORKS, INC.

Borrower Address

2310 STEVEN RD

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79764-1827

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549900.00

Current Approval Amount

549900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

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

30

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

549900.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555001.85

Forgiveness Date

03/25/2021

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