PPP Loan information for Downhole drilling services, llc

$1,301,117

Downhole drilling services, llc was initially approved for PPP Loan of amount $1,301,117, the current approved amount is $1,301,117. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 75 jobs and $1,301,117 was used to fund payroll.

Downhole drilling services, llc is Existing or more than 2 years old

DOWNHOLE DRILLING SERVICES, LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DOWNHOLE DRILLING SERVICES, LLC

Borrower Address

1244 Petroleum Parkway 0.0

Borrower City

Broussard

Borrower State

LA

Borrower Zip

70518-8053

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1301117.00

Current Approval Amount

1301117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Broussard

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70518-8053

CD

LA-03

Jobs Reported

75

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37751.00

Payroll Proceed

1118068.00

Mortgage Interest Proceed

0.00

Rent Proceed

34004.00

Refinance EIDL Proceed

0.00

Health Care Proceed

89192.00

Debt Interest Proceed

22102

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1099005.20

Forgiveness Date

08/18/2021

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