# PPP loan: HAZELETT DRILLING & SUPPLY INC.
> **$738K** approved 01/25/2021 · Paid in Full · Loan `5212938308`
## Borrower
- **Name:** HAZELETT DRILLING & SUPPLY INC.
- **Address:** 915 Old McMahan Rd, Lockhart, TX, 78644-4008
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $546K
- **Forgiven:** $747K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $738K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Sage Capital Bank
- **Servicing:** Sage Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*