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Rig Power, Inc.

$962,072 PPP Loan in Midland, Texas

Loan Details

Loan Number
5396197101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$962,072
Current Approval
$962,072
Forgiveness Amount
$970,223
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rig Power, Inc.
Address
Po Box 10982
City
Midland
State
Texas
ZIP Code
79702
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Unanswered
Jobs Reported
50
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$962,072

Lender Information

Servicing Lender
American Momentum Bank
Originating Lender
American Momentum Bank

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