Power Rig, LLC
$2,890,300 PPP Loan in Woodward, Oklahoma
Loan Details
- Loan Number
- 6005257104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,890,300
- Current Approval
- $2,890,300
- Forgiveness Amount
- $2,420,218
- Forgiveness Date
- Apr 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Rig, LLC
- Address
- 5060 Western Ave
- City
- Woodward
- State
- Oklahoma
- ZIP Code
- 73801
- 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
- 156
- Estimated Revenue
- $9.5M
- Rural/Urban
- Rural
- Congressional District
- OK-03
Loan Use Breakdown
- Payroll
- $2,478,300
- Rent
- $8,000
- Utilities
- $4,000
- Health Care
- $325,000
- Mortgage Interest
- $75,000
Lender Information
- Servicing Lender
- Bank 7
- Originating Lender
- Bank 7
Other PPP Loans in Woodward, OK
| Business | Approved | |
|---|---|---|
| Northwest Crane Service LLC | $3,158,500 |  Research |
| Northwest Concrete Products INC | $2,401,100 | Research |
| Hybrid Drilling Inc. | $2,293,800 | Research |
| Hybrid Drilling INC | $2,000,000 | Research |
| Power Rig LLC | $2,000,000 | Research |
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