# PPP loan: FILIPPONI- THOMPSON DRILLING INC
> **$429K** approved 04/11/2020 · Paid in Full · Loan `3211637108`
## Borrower
- **Name:** FILIPPONI- THOMPSON DRILLING INC
- **Address:** 3250 EL CAMINO REAL, ATASCADERO, CA, 93422-2501
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $18K
- **Utilities:** $12K
- **Health care:** $116K
- **Jobs reported:** 22
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*