Stabiltec Downhole Tools, LLC

$503,100 PPP Loan in Saint Martinville, Louisiana

Loan Details

Loan Number
6298017105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$503,100
Current Approval
$503,100
Forgiveness Amount
$509,347
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stabiltec Downhole Tools, LLC
Address
5308 Main Highway
ZIP Code
70582
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$503,100

Lender Information

Servicing Lender
Home Bank, National Association
Originating Lender
Home Bank, National Association

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