PPP Loan information for Food center, inc.

$231,935

Food center, inc. was initially approved for PPP Loan of amount $231,935, the current approved amount is $231,935. The loan was approved on 04/08/2020 by The The Malvern National Bank reported 94 jobs and $231,935 was used to fund payroll.

Food center, inc. is Existing or more than 2 years old

PPP Loan Search / AR / MALVERN / Food center, inc.

FOOD CENTER, INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FOOD CENTER, INC.

Borrower Address

534 MAIN ST

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104-3835

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231935.00

Current Approval Amount

231935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-3835

CD

AR-04

Jobs Reported

94

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13800.00

Payroll Proceed

203235.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7900.00

Debt Interest Proceed

7000

Business Type

Subchapter S Corporation

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233809.54

Forgiveness Date

02/04/2021

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