PPP Loan information for Archer malmo inc.

$2,000,000

Archer malmo inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/23/2021 by The Independent Bank reported 143 jobs and $2,000,000 was used to fund payroll.

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

ARCHER MALMO INC.

Date Approved

02/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ARCHER MALMO INC.

Borrower Address

65 Union Ave Ste 500

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38103-5137

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

38103-5137

CD

TN-09

Jobs Reported

143

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

2011000.00

Forgiveness Date

09/16/2021

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