PPP Loan information for Economy inn

$2,500

Economy inn was initially approved for PPP Loan of amount $2,500, the current approved amount is $2,500. The loan was approved on 06/30/2020 by The First Community Bank reported 2 jobs and $2,500 was used to fund payroll.

Economy inn is Existing or more than 2 years old

ECONOMY INN

Date Approved

06/30/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ECONOMY INN

Borrower Address

710 N. Rock St

Borrower City

SHERIDAN

Borrower State

AR

Borrower Zip

72150-1812

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2500.00

Current Approval Amount

2500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERIDAN

Project County Name

GRANT

Project State

AR

Project Zip

72150-1812

CD

AR-04

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

625.00

Payroll Proceed

1875.00

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

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2515.34

Forgiveness Date

02/16/2021

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