PPP Loan information for Arkansas bearings inc

$15,000

Arkansas bearings inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 05/05/2020 by The RiverBank reported 3 jobs and $15,000 was used to fund payroll.

Arkansas bearings inc is Unanswered

ARKANSAS BEARINGS INC

Date Approved

05/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARKANSAS BEARINGS INC

Borrower Address

3912 Hwy 67 South

Borrower City

POCAHONTAS

Borrower State

AR

Borrower Zip

72455-9791

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88953

Servicing Lender Name

RiverBank

Servicing Lender Address

203 W Broadway

Servicing Lender City

POCAHONTAS

Servicing Lender State

AR

Servicing Lender Zip

72455-4126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

POCAHONTAS

Project County Name

RANDOLPH

Project State

AR

Project Zip

72455-9791

CD

AR-01

Jobs Reported

3

NAICS Code

332991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

88953

Originating Lender

RiverBank

Originating Lender City

POCAHONTAS

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12054.00

Forgiveness Date

10/16/2020

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