# PPP loan: LAUSON DRILLING SERVICES, INC
> **$791K** approved 04/15/2020 · Paid in Full · Loan `8557187104`
## Borrower
- **Name:** LAUSON DRILLING SERVICES, INC
- **Address:** PO Box 820, Columbus, TX, 78934
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $791K
- **Initial approval:** $791K
- **Forgiven:** $803K (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Jobs reported:** 57
## Lender
- **Originating:** NewFirst National Bank
- **Servicing:** NewFirst National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*