Rig Power Inc.

$765,278 PPP Loan in Midland, Texas

Loan Details

Loan Number
5684128408
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$765,278
Current Approval
$765,278
Forgiveness Amount
$776,390
Forgiveness Date
Jul 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rig Power Inc.
Address
415 W Wall St Ste 835
State
Texas
ZIP Code
79701-4592
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$765,278

Lender Information

Servicing Lender
The Yoakum National Bank
Originating Lender
The Yoakum National Bank

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