B AND B WELL DRILLING INC. (AR) - 2020 PPP Loan Borrower Profile (# 2026367408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B AND B WELL DRILLING INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arkansas.

Loan Detail

Loan Number

2026367408

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$24,500

Date Loan was Approved

May 5, 2020

Amount Forgiven

$24,812.79

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,500

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237110

Borrower Location

PEACH ORCHARD, AR

Project Location

PEACH ORCHARD, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.