Lauson Drilling Services, INC

$790,680 PPP Loan in Columbus, Texas

Loan Details

Loan Number
8557187104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$790,680
Current Approval
$790,680
Forgiveness Amount
$802,508
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lauson Drilling Services, INC
Address
Po Box 820
State
Texas
ZIP Code
78934
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
New Business or 2 years or less
Jobs Reported
57
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-10

Loan Use Breakdown

Payroll
$790,680

Lender Information

Servicing Lender
Newfirst National Bank
Originating Lender
Newfirst National Bank

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