# PPP loan: STOCK DRILLING  INC.
> **$183K** approved 03/24/2021 · Paid in Full · Loan `8447438603`
## Borrower
- **Name:** STOCK DRILLING  INC.
- **Address:** 29 Pahl Mall St, Petersburg, MI, 49270
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 04/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*