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

$101,000

Ford's well service, inc. was initially approved for PPP Loan of amount $101,000, the current approved amount is $101,000. The loan was approved on 04/29/2020 by The Southern Bancorp Bank reported 21 jobs and $101,000 was used to fund payroll.

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

FORD'S WELL SERVICE, INC.

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FORD'S WELL SERVICE, INC.

Borrower Address

6623 HIGHWAY 316

Borrower City

MARVELL

Borrower State

AR

Borrower Zip

72366-9442

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101000.00

Current Approval Amount

101000.00

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

21

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10100.00

Payroll Proceed

75750.00

Mortgage Interest Proceed

0.00

Rent Proceed

15150.00

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

101641.97

Forgiveness Date

12/28/2020

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