# PPP loan: HOOVER DRILLING COMPANY INC
> **$179K** approved 04/16/2020 · Paid in Full · Loan `3006727210`
## Borrower
- **Name:** HOOVER DRILLING COMPANY INC
- **Address:** 8388 LAZY ACRES DR, CASA GRANDE, AZ, 85130
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 13
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*