Reliance Well Service Inc.

$900,000 PPP Loan in Magnolia, Arkansas

Loan Details

Loan Number
3487768305
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$900,000
Current Approval
$900,000
Forgiveness Amount
$904,290
Forgiveness Date
Jul 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Reliance Well Service Inc.
Address
237 Highway 79 S
ZIP Code
71753-9191
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$899,998
Utilities
$1

Lender Information

Servicing Lender
Farmers Bank & Trust Company
Originating Lender
Farmers Bank & Trust Company

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