PPP borrower record

STEARNS DRILLING COMPANY PPP loan record

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

$393,700
Approved amount
$396,915
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
STEARNS DRILLING COMPANY
Loan number
6988527004
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Caledonia
Borrower state
Michigan
Borrower ZIP
49316
Jobs reported
25
Loan status
Paid in Full
Forgiveness date
2021-02-05
Servicing lender
Union Bank
Originating lender
Union Bank

Reported use of proceeds

Payroll
$393,700
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.
STEARNS DRILLING COMPANY PPP Loan Record | PPP Loan Map