Friedel Drilling Company INC

$238,800 PPP Loan in Yoakum, Texas

Loan Details

Loan Number
7086227003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$238,800
Current Approval
$238,800
Forgiveness Amount
$240,455
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Friedel Drilling Company INC
Address
555 City of Hochheim Rd
City
Yoakum
State
Texas
ZIP Code
77995-4824
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-27

Loan Use Breakdown

Payroll
$179,100
Utilities
$29,850
Mortgage Interest
$29,850

Lender Information

Servicing Lender
Crossroads Bank
Originating Lender
Crossroads Bank

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