# PPP loan: DRILLCO
> **$432K** approved 04/09/2020 · Paid in Full · Loan `9570097002`
## Borrower
- **Name:** DRILLCO
- **Address:** 13011 S CHOCTAW DR, BATON ROUGE, LA, 70815-2810
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Jobs reported:** 36
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*