Hydrostatic Oil Tools Inc.
$481,300 PPP Loan in Magnolia, Arkansas
Loan Details
- Loan Number
- 2875638309
- Date Approved
- Jan 21, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $481,300
- Current Approval
- $481,300
- Forgiveness Amount
- $483,251
- Forgiveness Date
- Jul 20, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Hydrostatic Oil Tools Inc.
- Address
- 1605 Commerce St
- City
- Magnolia
- State
- Arkansas
- ZIP Code
- 71753-4077
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AR-04
Loan Use Breakdown
- Payroll
- $481,300
Lender Information
- Servicing Lender
- Farmers Bank & Trust Company
- Originating Lender
- Farmers Bank & Trust Company
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|---|---|---|
| Lb Amfuel, LLC | $2,414,478 |  Research |
| Magnolia Regional Medical Center | $2,331,553 | Research |
| Lb Amfuel LLC | $2,000,000 | Research |
| Southern Aluminum Manufacturing Acquisition INC | $1,909,263 | Research |
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