ADVANCED DRILLING SERVICES LLC (TN) - 2020 PPP Loan Borrower Profile (# 5958338301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED DRILLING SERVICES 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 Tennessee.

Loan Detail

Loan Number

5958338301

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$60,555.7

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$61,250.41

Date Loan was Forgiven

Mar 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

60,555.7

Lender

The First National Bank of Oneida

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238910

Borrower Location

Helenwood, TN

Project Location

Helenwood, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.