PPP Loan information for Reliance well service, inc.

$900,000

Reliance well service, inc. was initially approved for PPP Loan of amount $900,000, the current approved amount is $900,000. The loan was approved on 04/09/2020 by The Farmers Bank & Trust Company reported 107 jobs and $900,000 was used to fund payroll.

Reliance well service, inc. is Existing or more than 2 years old

RELIANCE WELL SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RELIANCE WELL SERVICE, INC.

Borrower Address

237 HIGHWAY 79 S

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-9191

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

900000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-9191

CD

AR-04

Jobs Reported

107

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900000.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

904956.16

Forgiveness Date

11/05/2020

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