Downhole Drilling Services, LLC

$1,301,117 PPP Loan in Broussard, Louisiana

Loan Details

Loan Number
9287907001
Date Approved
Apr 9, 2020
Loan Status
Exemption 4
Initial Approval
$1,301,117
Current Approval
$1,301,117
Forgiveness Amount
$1,099,005
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Downhole Drilling Services, LLC
Address
1244 Petroleum Parkway 0.0
ZIP Code
70518-8053
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,118,068
Rent
$34,004
Utilities
$37,751
Health Care
$89,192
Debt Interest
$22,102

Lender Information

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

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