PPP Loan information for Arp cotton gin company, llc

$83,297

Arp cotton gin company, llc was initially approved for PPP Loan of amount $83,297, the current approved amount is $83,297. The loan was approved on 04/15/2020 by The The Lauderdale County Bank reported 6 jobs and $83,297 was used to fund payroll.

Arp cotton gin company, llc is Existing or more than 2 years old

ARP COTTON GIN COMPANY, LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ARP COTTON GIN COMPANY, LLC

Borrower Address

4603 Hwy 19 West

Borrower City

Ripley

Borrower State

TN

Borrower Zip

38063-5103

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83297.00

Current Approval Amount

83297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67043

Servicing Lender Name

The Lauderdale County Bank

Servicing Lender Address

305 S Church St

Servicing Lender City

HALLS

Servicing Lender State

TN

Servicing Lender Zip

38040-1509

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ripley

Project County Name

LAUDERDALE

Project State

TN

Project Zip

38063-5103

CD

TN-08

Jobs Reported

6

NAICS Code

115111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

16297.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67043

Originating Lender

The Lauderdale County Bank

Originating Lender City

HALLS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83744.29

Forgiveness Date

11/05/2020

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