PPP Loan information for C b king memorial school inc

$975,889

C b king memorial school inc was initially approved for PPP Loan of amount $975,889, the current approved amount is $975,889. The loan was approved on 02/25/2021 by The McGehee Bank reported 130 jobs and $975,889 was used to fund payroll.

C b king memorial school inc is Existing or more than 2 years old

C B KING MEMORIAL SCHOOL INC

Date Approved

02/25/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

C B KING MEMORIAL SCHOOL INC

Borrower Address

1402 1st St

Borrower City

McGehee

Borrower State

AR

Borrower Zip

71654

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

975888.80

Current Approval Amount

975888.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4549

Servicing Lender Name

McGehee Bank

Servicing Lender Address

301 N 2nd St

Servicing Lender City

MCGEHEE

Servicing Lender State

AR

Servicing Lender Zip

71654-2203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McGehee

Project County Name

DESHA

Project State

AR

Project Zip

71654

CD

AR-01

Jobs Reported

130

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

975884.80

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

Non-Profit Organization

Originating Lender Location Id

4549

Originating Lender

McGehee Bank

Originating Lender City

MCGEHEE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

985781.37

Forgiveness Date

03/04/2022

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