Legacy Directional Drilling, LLC

$1,750,000 PPP Loan in Scott, Louisiana

Loan Details

Loan Number
9254597008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,750,000
Current Approval
$1,750,000
Forgiveness Amount
$1,768,674
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Legacy Directional Drilling, LLC
Address
103 Abigayles's Row 0.0
City
Scott
ZIP Code
70583-8909
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,568,000
Rent
$49,000
Utilities
$13,000
Health Care
$80,000
Debt Interest
$40,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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