PPP Loan information for Hydrostatic oil tools inc.

$481,300

Hydrostatic oil tools inc. was initially approved for PPP Loan of amount $481,300, the current approved amount is $481,300. The loan was approved on 01/21/2021 by The Farmers Bank & Trust Company reported 45 jobs and $481,300 was used to fund payroll.

Hydrostatic oil tools inc. is Existing or more than 2 years old

PPP Loan Search / AR / Magnolia / Hydrostatic oil tools inc.

HYDROSTATIC OIL TOOLS INC.

Date Approved

01/21/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

HYDROSTATIC OIL TOOLS INC.

Borrower Address

1605 Commerce St

Borrower City

Magnolia

Borrower State

AR

Borrower Zip

71753-4077

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

481300.00

Current Approval Amount

481300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Magnolia

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-4077

CD

AR-04

Jobs Reported

45

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

481300.00

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

Corporation

Originating Lender Location Id

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

483251.06

Forgiveness Date

07/20/2021

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