AIR DRILLING SPECIALTIES, INC (UT) - 2020 PPP Loan Borrower Profile (# 7943097704)

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

7943097704

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$152,600

Date Loan was Approved

May 1, 2020

Amount Forgiven

$154,443.74

Date Loan was Forgiven

Jul 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

152,600

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

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.