# PPP loan: PRODUCTION SERVICES INC.
> **$1.74M** approved 02/09/2021 · Paid in Full · Loan `5958488409`
## Borrower
- **Name:** PRODUCTION SERVICES INC.
- **Address:** 1160 Highway 79 S, Magnolia, AR, 71753-9197
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.75M (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.74M
- **Utilities:** $1
- **Jobs reported:** 109
## Lender
- **Originating:** Farmers Bank & Trust Company
- **Servicing:** Farmers Bank & Trust Company (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*