PPP Loan information for Hydostatic oil tools, inc

$477,004

Hydostatic oil tools, inc was initially approved for PPP Loan of amount $477,004, the current approved amount is $477,004. The loan was approved on 04/27/2020 by The Bodcaw Bank reported 43 jobs and $477,004 was used to fund payroll.

Hydostatic oil tools, inc is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / Hydostatic oil tools, inc

HYDOSTATIC OIL TOOLS, INC

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HYDOSTATIC OIL TOOLS, INC

Borrower Address

1605 COMMERCE ST

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-4077

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477004.00

Current Approval Amount

477004.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4779

Servicing Lender Name

Bodcaw Bank

Servicing Lender Address

307 Thomas St

Servicing Lender City

STAMPS

Servicing Lender State

AR

Servicing Lender Zip

71860-2849

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

71753-2000

CD

AR-04

Jobs Reported

43

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

477004.00

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

4779

Originating Lender

Bodcaw Bank

Originating Lender City

STAMPS

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

482505.88

Forgiveness Date

06/23/2021

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