PPP Loan information for Business world inc

$302,897

Business world inc was initially approved for PPP Loan of amount $302,897, the current approved amount is $302,897. The loan was approved on 03/12/2021 by The Simmons Bank reported 22 jobs and $302,897 was used to fund payroll.

Business world inc is Existing or more than 2 years old

BUSINESS WORLD INC

Date Approved

03/12/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

BUSINESS WORLD INC

Borrower Address

920 S Spring St

Borrower City

Little Rock

Borrower State

AR

Borrower Zip

72201-4328

Loan Status Date

03/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302896.62

Current Approval Amount

302896.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72201-4328

CD

AR-02

Jobs Reported

22

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

302894.62

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304789.72

Forgiveness Date

11/05/2021

;