ADVANCED DRILLING EQUIPMENT SUPPLY COMPANY LLC (CO) - 2020 PPP Loan Borrower Profile (# 1671488305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED DRILLING EQUIPMENT SUPPLY COMPANY LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

1671488305

SBA Office Code

0811

Processing Method

PPS

Curent Loan Amount

$273,534.9

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$274,651.83

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

273,532.9

Lender

Timberline Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

213112

Borrower Location

Fruita, CO

Project Location

Fruita, CO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.