PPP Loan information for Demorrow instruments ltd

$55,200

Demorrow instruments ltd was initially approved for PPP Loan of amount $55,200, the current approved amount is $55,200. The loan was approved on 04/14/2020 by The Southern Bancorp Bank reported 6 jobs and $55,200 was used to fund payroll.

Demorrow instruments ltd is Existing or more than 2 years old

PPP Loan Search / AR / ARKADELPHIA / Demorrow instruments ltd

DEMORROW INSTRUMENTS LTD

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DEMORROW INSTRUMENTS LTD

Borrower Address

253 HIGHWAY 51 N

Borrower City

ARKADELPHIA

Borrower State

AR

Borrower Zip

71923-9260

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55200.00

Current Approval Amount

55200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARKADELPHIA

Project County Name

CLARK

Project State

AR

Project Zip

71923-9260

CD

AR-04

Jobs Reported

6

NAICS Code

339992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5520.00

Payroll Proceed

41400.00

Mortgage Interest Proceed

0.00

Rent Proceed

8280.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55844.25

Forgiveness Date

06/16/2021

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