Magnum Drilling, INC
$39,200 PPP Loan in Ashland, Kentucky
Loan Details
- Loan Number
- 7570277902
- Date Approved
- Jun 17, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $39,200
- Current Approval
- $39,200
- Forgiveness Amount
- $39,364
- Forgiveness Date
- Nov 23, 2020
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Magnum Drilling, INC
- Address
- 9501 State Route 5
- City
- Ashland
- State
- Kentucky
- ZIP Code
- 41102-8555
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $31,360
- Utilities
- $3,920
- Mortgage Interest
- $3,920
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
Other PPP Loans in Ashland, KY
| Business | Approved | |
|---|---|---|
| Pathways Inc. | $4,000,000 | |
| Rcc Services, Inc. | $3,852,900 | |
| Rcc Services Inc. | $2,000,000 | |
| Corky Wells Electric INC | $1,489,700 | |
| Unity Aluminum, Inc. | $1,469,400 |
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