PPP Loan information for Lou lane farms

$13,600

Lou lane farms was initially approved for PPP Loan of amount $13,600, the current approved amount is $13,600. The loan was approved on 02/09/2021 by The First State Bank reported 2 jobs and $13,600 was used to fund payroll.

Lou lane farms is Existing or more than 2 years old

LOU LANE FARMS

Date Approved

02/09/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

LOU LANE FARMS

Borrower Address

1753 Highway 1 S

Borrower City

Marianna

Borrower State

AR

Borrower Zip

72360-8604

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13600.00

Current Approval Amount

13600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4512

Servicing Lender Name

First State Bank

Servicing Lender Address

101 S Center St

Servicing Lender City

LONOKE

Servicing Lender State

AR

Servicing Lender Zip

72086-3223

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marianna

Project County Name

LEE

Project State

AR

Project Zip

72360-8604

CD

AR-01

Jobs Reported

2

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13597.00

Mortgage Interest Proceed

0.00

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

4512

Originating Lender

First State Bank

Originating Lender City

LONOKE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13665.73

Forgiveness Date

08/04/2021

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