# PPP loan: FARMRAIL INC.
> **$417K** approved 04/06/2020 · Paid in Full · Loan `6039757001`
## Borrower
- **Name:** FARMRAIL INC.
- **Address:** 1601 W GARY BLVD, CLINTON, OK, 73601-3261
- **NAICS:** 482112
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Jobs reported:** 25
## Lender
- **Originating:** Southwest Bank of Weatherford
- **Servicing:** Southwest Bank of Weatherford (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*