PPP Loan information for Des arc auto & ag center

$19,400

Des arc auto & ag center was initially approved for PPP Loan of amount $19,400, the current approved amount is $19,400. The loan was approved on 04/14/2020 by The Merchants & Planters Bank reported 1 jobs and $19,400 was used to fund payroll.

Des arc auto & ag center is Existing or more than 2 years old

PPP Loan Search / AR / DES ARC / Des arc auto & ag center

DES ARC AUTO & AG CENTER

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DES ARC AUTO & AG CENTER

Borrower Address

206 WHIPPORWILL RD

Borrower City

DES ARC

Borrower State

AR

Borrower Zip

72040-3372

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19400.00

Current Approval Amount

19400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES ARC

Project County Name

PRAIRIE

Project State

AR

Project Zip

72040-3372

CD

AR-01

Jobs Reported

1

NAICS Code

441310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2425.00

Payroll Proceed

14550.00

Mortgage Interest Proceed

0.00

Rent Proceed

2425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19574.33

Forgiveness Date

03/16/2021

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