Eastern Fishing and Rental Tool Co., Inc.

$2,040,000 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
4951557010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,040,000
Current Approval
$2,040,000
Forgiveness Amount
$1,936,225
Forgiveness Date
Dec 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eastern Fishing and Rental Tool Co., Inc.
Address
Moose Dr
City
Laurel
ZIP Code
39440-3728
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
128
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$1,633,000
Rent
$250,000
Utilities
$157,000

Lender Information

Servicing Lender
Bom Bank
Originating Lender
Bom Bank

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