Date Approved
04/10/2020
SBA Office Code
0669
Processing Method
PPP
Borrower Name
HORN'S USED CARS, INC.
Borrower Address
1749 MARTIN LUTHER KING BLVD
Borrower City
MALVERN
Borrower State
AR
Borrower Zip
72104-2234
Loan Status Date
04/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
73900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4089
Servicing Lender Name
Southern Bancorp Bank
Servicing Lender Address
605 Main St
Servicing Lender City
ARKADELPHIA
Servicing Lender State
Servicing Lender Zip
71923-6037
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HOT SPRING
Project State
Project Zip
CD
AR-04
Jobs Reported
9
NAICS Code
441120
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7390.00
Payroll Proceed
55425.00
Mortgage Interest Proceed
11085.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
74580.28
Forgiveness Date
03/17/2021