Drakin Oilfield Construction, INC

$549,300 PPP Loan in Watford City, North Dakota

Loan Details

Loan Number
4364117002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$549,300
Current Approval
$549,300
Forgiveness Amount
$555,666
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drakin Oilfield Construction, INC
Address
318 124t Ave NW
ZIP Code
58854-6500
Business Type
Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$500,000
Utilities
$4,300
Mortgage Interest
$45,000

Lender Information

Servicing Lender
Starion Bank
Originating Lender
Starion Bank

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