AIR DRILLING SPECIALTIES INC (UT) - 2020 PPP Loan Borrower Profile (# 2040038700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR DRILLING SPECIALTIES INC. 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 Utah.

Loan Detail

Loan Number

2040038700

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$147,820

Date Loan was Approved

Mar 27, 2021

Amount Forgiven

$149,885.43

Date Loan was Forgiven

Aug 23, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

147,820

Lender

Zions Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

213112

Borrower Location

Duchesne, UT

Project Location

Duchesne, UT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.