Lovelady Directional Drilling, LLC

$188,700 PPP Loan in Huntington, Texas

Loan Details

Loan Number
7952987005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$188,700
Current Approval
$188,700
Forgiveness Amount
$190,017
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lovelady Directional Drilling, LLC
Address
220 Box Ln
State
Texas
ZIP Code
75949-4206
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$150,968
Utilities
$37,732

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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