# PPP loan: ADVANCED DRILLING EQUIPMENT SUPPLY COMPANY LLC
> **$274K** approved 01/19/2021 · Paid in Full · Loan `1671488305`
## Borrower
- **Name:** ADVANCED DRILLING EQUIPMENT SUPPLY COMPANY LLC
- **Address:** 859 E Grand Ave, Fruita, CO, 81521-3017
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*