Mclachlan Drilling Company

$200,717 PPP Loan in Evart, Michigan

Loan Details

Loan Number
7024248402
Date Approved
Feb 11, 2021
Loan Status
Exemption 4
Initial Approval
$200,717
Current Approval
$200,717
Forgiveness Amount
$21,259
Forgiveness Date
Jun 23, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mclachlan Drilling Company
Address
815 W 7th St
City
Evart
ZIP Code
49631-9401
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
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$200,714
Utilities
$1

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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