PPP Loan information for Black inc

$636,835

Black inc was initially approved for PPP Loan of amount $636,835, the current approved amount is $636,835. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 74 jobs and $636,835 was used to fund payroll.

Black inc is Existing or more than 2 years old

BLACK INC

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BLACK INC

Borrower Address

508 South Monroe Street

Borrower City

DeWitt

Borrower State

AR

Borrower Zip

72042

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

636835.00

Current Approval Amount

636835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DeWitt

Project County Name

ARKANSAS

Project State

AR

Project Zip

72042-0001

CD

AR-01

Jobs Reported

74

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

636835.00

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

640207.11

Forgiveness Date

11/10/2020

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