Geo N Mitchell Drilling Co., INC

$681,100 PPP Loan in Carmi, Illinois

Loan Details

Loan Number
4835397002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$681,100
Current Approval
$681,100
Forgiveness Amount
$686,889
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Geo N Mitchell Drilling Co., INC
Address
1239 County Road 1500 N
City
Carmi
ZIP Code
62821-1111
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$510,825
Utilities
$56,759
Health Care
$56,759
Mortgage Interest
$56,758

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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