PPP Loan information for Farmers elevator - warehouse inc.

$95,200

Farmers elevator - warehouse inc. was initially approved for PPP Loan of amount $126,800, the current approved amount is $95,200. The loan was approved on 04/08/2020 by The Merchants & Planters Bank reported 9 jobs and $95,200 was used to fund payroll.

Farmers elevator - warehouse inc. is Existing or more than 2 years old

FARMERS ELEVATOR - WAREHOUSE INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FARMERS ELEVATOR - WAREHOUSE INC.

Borrower Address

124 BEECH ST

Borrower City

NEWPORT

Borrower State

AR

Borrower Zip

72112-3400

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126800.00

Current Approval Amount

95200.00

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

72112-3400

CD

AR-01

Jobs Reported

9

NAICS Code

115114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23800.00

Payroll Proceed

71400.00

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

95765.98

Forgiveness Date

11/23/2020

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