# PPP loan: ORTMAN DRILLING INC
> **$432K** approved 04/13/2020 · Paid in Full · Loan `5198897109`
## Borrower
- **Name:** ORTMAN DRILLING INC
- **Address:** 241 N. 300 W., KOKOMO, IN, 46901-3984
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Jobs reported:** 38
## Lender
- **Originating:** First Farmers Bank & Trust Co.
- **Servicing:** First Farmers Bank & Trust Co. (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*