# PPP loan: LAMBERT & CO. DRILLING, INC.
> **$248K** approved 04/27/2020 · Paid in Full · Loan `3710737206`
## Borrower
- **Name:** LAMBERT & CO. DRILLING, INC.
- **Address:** 201 Clifford St., Mt Morris, IL, 61054-2007
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $165K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 11
## Lender
- **Originating:** Farmers National Bank
- **Servicing:** Farmers National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*