Intrepid Directional Drilling Specialists Ltd

$2,000,000 PPP Loan in Midland, Texas

Loan Details

Loan Number
1360748401
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,023,889
Forgiveness Date
Apr 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Intrepid Directional Drilling Specialists Ltd
Address
10314 State Highway 191
State
Texas
ZIP Code
79707-1496
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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