CYCLONE DRILLING, INC. (WY) - 2020 PPP Loan Borrower Profile (# 6083237006)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CYCLONE DRILLING, 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 Wyoming.
Loan Detail
Loan Number
6083237006
SBA Office Code
0897
Processing Method
PPP
Curent Loan Amount
$6,887,800
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$2,495,030.75
Date Loan was Forgiven
Jul 13, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
30,000
Payroll Proced
6,400,800
Health Care Proceed
407,000
Debt Interest Proceed
50,000
Lender
The Converse County Bank
Business Detail
Business Type
Corporation
NAICS
213112
Borrower Location
GILLETTE, WY
Project Location
GILLETTE, WY
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
364
Business Age Description
Existing or more than 2 years old
Data Source: SBA.