Drill Rite Directional Drilling LLC

$254,800 PPP Loan in Payson, Utah

Loan Details

Loan Number
1408237209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$254,800
Current Approval
$254,800
Forgiveness Amount
$256,201
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drill Rite Directional Drilling LLC
Address
810 W Utah Avenue
City
Payson
State
Utah
ZIP Code
84651
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
UT-04

Loan Use Breakdown

Payroll
$254,800

Lender Information

Servicing Lender
Community Banks of Colorado, a Division of
Originating Lender
Rock Canyon Bank, a Division of Nbh Bank

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