Norton Energy Drilling, LLC

$2,234,600 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
4864727004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,234,600
Current Approval
$2,234,600
Forgiveness Amount
$2,260,857
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norton Energy Drilling, LLC
Address
4420 6th St
State
Texas
ZIP Code
79416-4732
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$1,787,680
Rent
$223,460
Utilities
$223,460

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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