Hybrid Drilling Inc.

$2,293,800 PPP Loan in Woodward, Oklahoma

Loan Details

Loan Number
2330057109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,293,800
Current Approval
$2,293,800
Forgiveness Amount
$2,322,345
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hybrid Drilling Inc.
Address
Po Box 1749
ZIP Code
73802-1749
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
OK-03

Loan Use Breakdown

Payroll
$2,144,300
Debt Interest
$149,500

Lender Information

Servicing Lender
Bank 7
Originating Lender
Bank 7

Other PPP Loans in Woodward, OK

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Northwest Crane Service LLC$3,158,500NewBizBotResearch
Power Rig, LLC$2,890,300NewBizBotResearch
Northwest Concrete Products INC$2,401,100NewBizBotResearch
Hybrid Drilling INC$2,000,000NewBizBotResearch
Power Rig LLC$2,000,000NewBizBotResearch

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