# PPP loan: PACIFIC COAST WELL DRILLING, INC.
> **$436K** approved 04/28/2020 · Paid in Full · Loan `7913747207`
## Borrower
- **Name:** PACIFIC COAST WELL DRILLING, INC.
- **Address:** 3880 RUTH WAY, PASO ROBLES, CA, 93446-5974
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Rent:** $17K
- **Mortgage interest:** $9K
- **Utilities:** $4K
- **Health care:** $35K
- **Jobs reported:** 27
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*