PPP Loan information for Farmers cooperative association

$1,214,775

Farmers cooperative association was initially approved for PPP Loan of amount $1,214,775, the current approved amount is $1,214,775. The loan was approved on 04/28/2020 by The Cadence Bank reported 181 jobs and $1,214,775 was used to fund payroll.

Farmers cooperative association is Existing or more than 2 years old

FARMERS COOPERATIVE ASSOCIATION

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE ASSOCIATION

Borrower Address

2105 INDUSTRIAL PARK ROAD

Borrower City

VAN BUREN

Borrower State

AR

Borrower Zip

72921

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214775.00

Current Approval Amount

1214775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VAN BUREN

Project County Name

CRAWFORD

Project State

AR

Project Zip

72921-0001

CD

AR-03

Jobs Reported

181

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1214775.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1221658.73

Forgiveness Date

11/27/2020

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