PPP borrower record

SEARLES WELL DRILLING, INC. PPP loan record

Public SBA PPP loan record for SEARLES WELL DRILLING, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$227,925
Approved amount
$229,274
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
SEARLES WELL DRILLING, INC.
Loan number
7971987000
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
New Ulm
Borrower state
Minnesota
Borrower ZIP
56073
Jobs reported
18
Loan status
Exemption 4
Forgiveness date
2020-11-17
Servicing lender
Pioneer Bank
Originating lender
Pioneer Bank

Reported use of proceeds

Payroll
$227,925
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.