# PPP loan: VOGES DRILLING COMPANY, INC
> **$185K** approved 04/08/2020 · Paid in Full · Loan `8428347010`
## Borrower
- **Name:** VOGES DRILLING COMPANY, INC
- **Address:** 2020 Hunter Rd, NEW BRAUNFELS, TX, 78132-3053
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $18K
- **Utilities:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*