Downhole Drilling Dynamics

$341,900 PPP Loan in New Waverly, Texas

Loan Details

Loan Number
4418037205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$341,900
Current Approval
$341,900
Forgiveness Amount
$343,624
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Downhole Drilling Dynamics
Address
220 Longstreet
State
Texas
ZIP Code
77358-3420
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
TX-08

Loan Use Breakdown

Payroll
$341,900

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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