PPP Loan information for King farms

$71,000

King farms was initially approved for PPP Loan of amount $55,100, the current approved amount is $71,000. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 9 jobs and $71,000 was used to fund payroll.

King farms is Existing or more than 2 years old

KING FARMS

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

KING FARMS

Borrower Address

8275 HIGHWAY 20

Borrower City

HELENA

Borrower State

AR

Borrower Zip

72342-8922

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55100.00

Current Approval Amount

71000.00

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

HELENA

Project County Name

PHILLIPS

Project State

AR

Project Zip

72342-8922

CD

AR-01

Jobs Reported

9

NAICS Code

111160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5510.00

Payroll Proceed

57225.00

Mortgage Interest Proceed

8265.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71844.22

Forgiveness Date

06/28/2021

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