# PPP loan: TITAN DRILLING SPECIALISTS, INC.
> **$228K** approved 05/01/2020 · Paid in Full · Loan `5441717701`
## Borrower
- **Name:** TITAN DRILLING SPECIALISTS, INC.
- **Address:** 1 CROSSMAN LN, DANVERS, MA, 01923-1922
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 7
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*