South Arkansas Oil Company

$445,200 PPP Loan in El Dorado, Arkansas

Loan Details

Loan Number
7333127104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$445,200
Current Approval
$445,200
Forgiveness Amount
$450,664
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Arkansas Oil Company
Address
2710 North West Ave
ZIP Code
71730-3124
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$35.8M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$333,900
Rent
$66,780
Utilities
$44,520

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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