PPP Loan information for Ellis automotive

$20,896

Ellis automotive was initially approved for PPP Loan of amount $20,896, the current approved amount is $20,896. The loan was approved on 01/28/2021 by The Merchants & Planters Bank reported 3 jobs and $20,896 was used to fund payroll.

Ellis automotive is Existing or more than 2 years old

ELLIS AUTOMOTIVE

Date Approved

01/28/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

ELLIS AUTOMOTIVE

Borrower Address

200 S State St

Borrower City

Newport

Borrower State

AR

Borrower Zip

72112-4140

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20896.00

Current Approval Amount

20896.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

JACKSON

Project State

AR

Project Zip

72112-4140

CD

AR-01

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20896.00

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

Subchapter S Corporation

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21024.81

Forgiveness Date

09/15/2021

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