PPP Loan information for Clarence smith

$15,750

Clarence smith was initially approved for PPP Loan of amount $15,750, the current approved amount is $15,750. The loan was approved on 02/26/2021 by The Bank of Salem reported 1 jobs and $15,750 was used to fund payroll.

Clarence smith is Existing or more than 2 years old

CLARENCE SMITH

Date Approved

02/26/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CLARENCE SMITH

Borrower Address

836 Wheeling Rd

Borrower City

Salem

Borrower State

AR

Borrower Zip

72576-9715

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15749.58

Current Approval Amount

15749.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4738

Servicing Lender Name

Bank of Salem

Servicing Lender Address

207 W Church St

Servicing Lender City

SALEM

Servicing Lender State

AR

Servicing Lender Zip

72576-9510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

FULTON

Project State

AR

Project Zip

72576-9715

CD

AR-01

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15749.58

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

4738

Originating Lender

Bank of Salem

Originating Lender City

SALEM

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15792.45

Forgiveness Date

06/15/2021

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