# PPP loan: ARK-MO WELL DRILLING AND SERVICES CO, INC
> **$287K** approved 04/07/2020 · Paid in Full · Loan `7103887005`
## Borrower
- **Name:** ARK-MO WELL DRILLING AND SERVICES CO, INC
- **Address:** 14905 JOSEPHINE DR, KENNETT, MO, 63857-8110
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $24K
- **Health care:** $24K
- **Debt interest:** $24K
- **Jobs reported:** 19
## Lender
- **Originating:** First Missouri Bank of Semo
- **Servicing:** First Missouri Bank of Semo (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*