PPP Loan information for Cormier rice mill

$600,918

Cormier rice mill was initially approved for PPP Loan of amount $600,918, the current approved amount is $600,918. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 40 jobs and $600,918 was used to fund payroll.

Cormier rice mill is Existing or more than 2 years old

PPP Loan Search / AR / DeWitt / Cormier rice mill

CORMIER RICE MILL

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CORMIER RICE MILL

Borrower Address

501 West 3rd Street

Borrower City

DeWitt

Borrower State

AR

Borrower Zip

72042-0152

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600918.30

Current Approval Amount

600918.30

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

72042-0152

CD

AR-01

Jobs Reported

40

NAICS Code

311212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

600918.30

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

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

603996.98

Forgiveness Date

11/03/2020

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