# PPP loan: TRI-STATE DRILLING LLC
> **$427K** approved 04/10/2020 · Paid in Full · Loan `2129727107`
## Borrower
- **Name:** TRI-STATE DRILLING LLC
- **Address:** 6228 BONNY OAKS DR, CHATTANOOGA, TN, 37416-3627
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $142K
- **Mortgage interest:** $142K
- **Utilities:** $142K
- **Jobs reported:** 35
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*