PPP Loan information for Ford's well drilling service inc.

$106,700

Ford's well drilling service inc. was initially approved for PPP Loan of amount $106,700, the current approved amount is $106,700. The loan was approved on 04/18/2021 by The Southern Bancorp Bank reported 10 jobs and $106,700 was used to fund payroll.

Ford's well drilling service inc. is Existing or more than 2 years old

FORD'S WELL DRILLING SERVICE INC.

Date Approved

04/18/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

FORD'S WELL DRILLING SERVICE INC.

Borrower Address

6623 Highway 316 S

Borrower City

Marvell

Borrower State

AR

Borrower Zip

72366-9442

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106700.00

Current Approval Amount

106700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marvell

Project County Name

PHILLIPS

Project State

AR

Project Zip

72366-9442

CD

AR-01

Jobs Reported

10

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106696.00

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107170.65

Forgiveness Date

09/29/2021

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