# PPP loan: THREE PEAKS DRILLING, INC.
> **$400K** approved 04/13/2020 · Paid in Full · Loan `5253887110`
## Borrower
- **Name:** THREE PEAKS DRILLING, INC.
- **Address:** P.O. Box 1126, PAROWAN, UT, 84761
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 17
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*