Independence Contract Drilling, INC
$10,000,000 PPP Loan in Houston, Texas
Loan Details
- Loan Number
- 3856107208
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,131,944
- Forgiveness Date
- Aug 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Independence Contract Drilling, INC
- Address
- 20475 State Highway 249
- City
- Houston
- State
- Texas
- ZIP Code
- 77070-2755
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $30.3M
- Rural/Urban
- Urban
- Congressional District
- TX-38
Loan Use Breakdown
- Payroll
- $8,000,000
- Utilities
- $500,000
- Health Care
- $500,000
- Mortgage Interest
- $1,000,000
Lender Information
- Servicing Lender
- City Bank
- Originating Lender
- City Bank
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