PPP Loan information for Arvel gearing

$20,800

Arvel gearing was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 05/12/2021 by The Bank of Lake Village reported 1 jobs and $20,800 was used to fund payroll.

Arvel gearing is Existing or more than 2 years old

PPP Loan Search / AR / Lake Village / Arvel gearing

ARVEL GEARING

Date Approved

05/12/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARVEL GEARING

Borrower Address

642 W Highway 82

Borrower City

Lake Village

Borrower State

AR

Borrower Zip

71653-7503

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4465

Servicing Lender Name

Bank of Lake Village

Servicing Lender Address

201 Main St

Servicing Lender City

LAKE VILLAGE

Servicing Lender State

AR

Servicing Lender Zip

71653-1900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Village

Project County Name

CHICOT

Project State

AR

Project Zip

71653-7503

CD

AR-01

Jobs Reported

1

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

4465

Originating Lender

Bank of Lake Village

Originating Lender City

LAKE VILLAGE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20842.18

Forgiveness Date

08/06/2021

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