Turbo Drill Industries, INC

$5,727,200 PPP Loan in Conroe, Texas

Loan Details

Loan Number
9085507001
Date Approved
Apr 9, 2020
Loan Status
Exemption 4
Initial Approval
$5,727,200
Current Approval
$5,727,200
Forgiveness Amount
$3,194,786
Forgiveness Date
Nov 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Turbo Drill Industries, INC
Address
1125 Beach Airport Rd
City
Conroe
State
Texas
ZIP Code
77301-7169
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
301
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$5,727,200

Lender Information

Servicing Lender
Frost Bank
Originating Lender
Frost Bank

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