# PPP loan: EXPLORATION DRILLING INC
> **$331K** approved 04/03/2020 · Paid in Full · Loan `4577677010`
## Borrower
- **Name:** EXPLORATION DRILLING INC
- **Address:** 12653 CR 352, SIDNEY, MT, 59270-4215
- **NAICS:** 541350
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $509K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 29
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*