# PPP loan: STEFFL DRILLING & PUMP INC.
> **$177K** approved 04/07/2020 · Paid in Full · Loan `7586667002`
## Borrower
- **Name:** STEFFL DRILLING & PUMP INC.
- **Address:** 2295 66th Ave NE, WILLMAR, MN, 56201-9183
- **NAICS:** 561790
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 10
## Lender
- **Originating:** Granite Bank
- **Servicing:** Granite Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*