# PPP loan: TRANSCEND DRILLING COMPANY, INC.
> **$451K** approved 05/06/2020 · Paid in Full · Loan `2573167406`
## Borrower
- **Name:** TRANSCEND DRILLING COMPANY, INC.
- **Address:** 700 AUSTIN ST, LEVELLAND, TX, 79336-4502
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $433K (96%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 25
## Lender
- **Originating:** First Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*