PPP Loan information for Farmrail inc.

$417,395

Farmrail inc. was initially approved for PPP Loan of amount $417,395, the current approved amount is $417,395. The loan was approved on 04/06/2020 by The Southwest Bank of Weatherford reported 25 jobs and $417,395 was used to fund payroll.

Farmrail inc. is Existing or more than 2 years old

FARMRAIL INC.

Date Approved

04/06/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

FARMRAIL INC.

Borrower Address

1601 W GARY BLVD

Borrower City

CLINTON

Borrower State

OK

Borrower Zip

73601-3261

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417395.00

Current Approval Amount

417395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58876

Servicing Lender Name

Southwest Bank of Weatherford

Servicing Lender Address

720 E Main St

Servicing Lender City

WEATHERFORD

Servicing Lender State

OK

Servicing Lender Zip

73096-5638

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CUSTER

Project State

OK

Project Zip

73601-3261

CD

OK-03

Jobs Reported

25

NAICS Code

482112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

417395.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

58876

Originating Lender

Southwest Bank of Weatherford

Originating Lender City

WEATHERFORD

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

420501.21

Forgiveness Date

01/20/2021

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