Rathole Drilling INC
$938,100 PPP Loan in Alice, Texas
Loan Details
- Loan Number
- 5659837008
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $938,100
- Current Approval
- $938,100
- Forgiveness Amount
- $950,373
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rathole Drilling INC
- Address
- 2427 N Bus Highway 281
- City
- Alice
- State
- Texas
- ZIP Code
- 78332-2937
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $938,100
Lender Information
- Servicing Lender
- First Community Bank
- Originating Lender
- First Community Bank
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|---|---|---|
| Fesco Ltd | $10,000,000 |  Research |
| Forbes Energy Services, LLC | $10,000,000 | Research |
| Ag-Pro Texas, LLC | $5,163,000 | Research |
| South Texas Oilfield Solutions, LLC | $3,675,387 | Research |
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