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Mabak Directional Drilling INC

$322,100 PPP Loan in Sanger, Texas

Loan Details

Loan Number
8302637008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$322,100
Current Approval
$322,100
Forgiveness Amount
$324,147
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mabak Directional Drilling INC
Address
3447 Mcreynolds Rd
City
Sanger
State
Texas
ZIP Code
76266-5776
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.9M
Rural/Urban
Urban
Congressional District
TX-26

Loan Use Breakdown

Payroll
$257,680
Rent
$32,210
Utilities
$32,210

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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