PPP Loan information for Horn's used cars, inc.

$73,900

Horn's used cars, inc. was initially approved for PPP Loan of amount $73,900, the current approved amount is $73,900. The loan was approved on 04/10/2020 by The Southern Bancorp Bank reported 9 jobs and $73,900 was used to fund payroll.

Horn's used cars, inc. is Existing or more than 2 years old

HORN'S USED CARS, INC.

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

73900.00

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

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-2234

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

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

74580.28

Forgiveness Date

03/17/2021

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