# PPP loan: OUACHITA GRAVEL CO., INC.
> **$162K** approved 04/08/2020 · Paid in Full · Loan `7943247004`
## Borrower
- **Name:** OUACHITA GRAVEL CO., INC.
- **Address:** 3224 GRIGSBY FORD RD, MALVERN, AR, 72104-6246
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Utilities:** $2K
- **Debt interest:** $12K
- **Jobs reported:** 18
## Lender
- **Originating:** The Malvern National Bank
- **Servicing:** The Malvern National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*