PPP Loan information for Abilities unlimited inc. of magnolia arkansas

$84,998

Abilities unlimited inc. of magnolia arkansas was initially approved for PPP Loan of amount $84,998, the current approved amount is $84,998. The loan was approved on 04/16/2020 by The Cadence Bank reported 17 jobs and $84,998 was used to fund payroll.

Abilities unlimited inc. of magnolia arkansas is New Business or 2 years or less

ABILITIES UNLIMITED INC. OF MAGNOLIA ARKANSAS

Date Approved

04/16/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ABILITIES UNLIMITED INC. OF MAGNOLIA ARKANSAS

Borrower Address

2000 S WASHINGTON

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84997.50

Current Approval Amount

84997.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-2000

CD

AR-04

Jobs Reported

17

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84997.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

85540.54

Forgiveness Date

12/10/2020

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