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
- City
- Broussard
- State
- Louisiana
- 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
Other PPP Loans in Broussard, LA
| Business | Approved | |
|---|---|---|
| Offshore Energy Services, Inc. | $9,597,400 | |
| Hutco, Inc. | $7,878,876 | |
| Ics Holding LLC | $4,411,500 | |
| Whitco Supply LLC | $3,383,600 | |
| Rotorcraft Leasing Company, LLC | $3,371,700 |
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