# PPP loan: INTERNATIONAL DRILLING EQUIPMENT INC.
> **$528K** approved 01/29/2021 · Paid in Full · Loan `8414158301`
## Borrower
- **Name:** INTERNATIONAL DRILLING EQUIPMENT INC.
- **Address:** 645 Angus St, Rural Hall, NC, 27045-9553
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $532K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $528K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*