PPP Loan information for First summit development

$9,600

First summit development was initially approved for PPP Loan of amount $9,600, the current approved amount is $9,600. The loan was approved on 05/13/2020 by The First National Bank reported 1 jobs and $9,600 was used to fund payroll.

First summit development is Existing or more than 2 years old

FIRST SUMMIT DEVELOPMENT

Date Approved

05/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FIRST SUMMIT DEVELOPMENT

Borrower Address

430 Cooper Farm RD

Borrower City

Centerton

Borrower State

AR

Borrower Zip

72712

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9600.00

Current Approval Amount

9600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Centerton

Project County Name

BENTON

Project State

AR

Project Zip

72712-0001

CD

AR-03

Jobs Reported

1

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

7200.00

Mortgage Interest Proceed

0.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8641.94

Forgiveness Date

11/17/2020

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