COVID Stimulus Watch Individual Entry
Recipient Company:
SUPERIOR DRILLING PRODUCTS, INC
Loan or Loan Guarantee Amount:
$891,600
Recipient Details
Ownership Structure: publicly traded (ticker symbol SDPI)
Facility Street Address: 1583 South 1700 West
Facility City: VERNAL
Facility State: UT
Facility Zip Code: 84078
Facility Congressional District: UT-01
Facility NAICS Code: 213111 : Drilling Oil and Gas Wells
Award Details
Award Date: Apr 14, 2020
Award Type: loan
Jobs Reported at Time of Application: 53
PPP Lender: Zions Bank, A Division of
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1600422/000149315220007160/form8...
Parent Company Data
Parent Company: Superior Drilling Products, Inc.
Headquartered in: Utah
Parent Sector: oilfield services and supplies
Parent Industry: oil drilling equipment
Employees (prior to pandemic): 63
Accountability Issues Since 2010
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CEO Compensation: $985,493
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