PPP Loan information for Archer malmo, inc

$2,495,359

Archer malmo, inc was initially approved for PPP Loan of amount $2,495,359, the current approved amount is $2,495,359. The loan was approved on 04/11/2020 by The Independent Bank reported 146 jobs and $2,495,359 was used to fund payroll.

Archer malmo, inc is Existing or more than 2 years old

ARCHER MALMO, INC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ARCHER MALMO, INC

Borrower Address

65 UNION AVE STE 500

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38103-5113

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2495359.05

Current Approval Amount

2495359.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122688

Servicing Lender Name

Independent Bank

Servicing Lender Address

5050 Poplar Ave, Ste 2200

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38157-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38103-5113

CD

TN-09

Jobs Reported

146

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2495359.05

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

Subchapter S Corporation

Originating Lender Location Id

122688

Originating Lender

Independent Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2524471.57

Forgiveness Date

06/10/2021

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