PPP Loan information for Mcadams development inc

$20,400

Mcadams development inc was initially approved for PPP Loan of amount $20,400, the current approved amount is $20,400. The loan was approved on 04/03/2020 by The Southern Bank reported 6 jobs and $20,400 was used to fund payroll.

Mcadams development inc is Existing or more than 2 years old

MCADAMS DEVELOPMENT INC

Date Approved

04/03/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MCADAMS DEVELOPMENT INC

Borrower Address

3530 E Race Ave

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-6201

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20400.00

Current Approval Amount

20400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-6201

CD

AR-02

Jobs Reported

6

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2040.00

Payroll Proceed

16320.00

Mortgage Interest Proceed

0.00

Rent Proceed

2040.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13484.12

Forgiveness Date

11/27/2020

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