On Point Directional Drilling & Trenching LLC

$99,300 PPP Loan in Lake City, Arkansas

Loan Details

Loan Number
7797387001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$99,300
Current Approval
$99,300
Forgiveness Amount
$100,486
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
On Point Directional Drilling & Trenching LLC
Address
5047 Hwy 158
ZIP Code
72437
Business Type
Corporation
Industry (NAICS)
Construction (237130)
Business Age
New Business or 2 years or less
Jobs Reported
21
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$95,782
Rent
$968
Utilities
$1,900
Mortgage Interest
$650

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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