PPP Loan information for South central oilfield services inc

$382,400

South central oilfield services inc was initially approved for PPP Loan of amount $382,400, the current approved amount is $382,400. The loan was approved on 04/05/2020 by The First National Bank and Trust Company of Ardmore reported 29 jobs and $382,400 was used to fund payroll.

South central oilfield services inc is Existing or more than 2 years old

SOUTH CENTRAL OILFIELD SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOUTH CENTRAL OILFIELD SERVICES INC

Borrower Address

251 Locust Rd

Borrower City

WILSON

Borrower State

OK

Borrower Zip

73463-7235

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382400.00

Current Approval Amount

382400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58745

Servicing Lender Name

First National Bank and Trust Company of Ardmore

Servicing Lender Address

405 W Main St

Servicing Lender City

ARDMORE

Servicing Lender State

OK

Servicing Lender Zip

73401-4737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

CARTER

Project State

OK

Project Zip

73463-7235

CD

OK-04

Jobs Reported

29

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38240.00

Payroll Proceed

344160.00

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

Subchapter S Corporation

Originating Lender Location Id

58745

Originating Lender

First National Bank and Trust Company of Ardmore

Originating Lender City

ARDMORE

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385385.86

Forgiveness Date

01/20/2021

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