# PPP loan: DEE DRILING CO.
> **$416K** approved 04/04/2020 · Paid in Full · Loan `4674687004`
## Borrower
- **Name:** DEE DRILING CO.
- **Address:** 431 N. Market St., MOUNT CARMEL, IL, 62863-1526
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Mortgage interest:** $52K
- **Utilities:** $52K
- **Jobs reported:** 37
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*