PPP Loan information for Mel's diner cafe on hwy 10

$25,022

Mel's diner cafe on hwy 10 was initially approved for PPP Loan of amount $25,022, the current approved amount is $25,022. The loan was approved on 04/10/2020 by The First Western Bank reported 15 jobs and $25,022 was used to fund payroll.

Mel's diner cafe on hwy 10 is Existing or more than 2 years old

PPP Loan Search / AR / MAGAZINE / Mel's diner cafe on hwy 10

MEL'S DINER CAFE ON HWY 10

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MEL'S DINER CAFE ON HWY 10

Borrower Address

124 E PRIDDY ST

Borrower City

MAGAZINE

Borrower State

AR

Borrower Zip

72943-8407

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25022.00

Current Approval Amount

25022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4163

Servicing Lender Name

First Western Bank

Servicing Lender Address

80 W Main St

Servicing Lender City

BOONEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72927-3635

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGAZINE

Project County Name

LOGAN

Project State

AR

Project Zip

72943-8407

CD

AR-04

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2502.20

Payroll Proceed

20017.60

Mortgage Interest Proceed

0.00

Rent Proceed

2502.20

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

4163

Originating Lender

First Western Bank

Originating Lender City

BOONEVILLE

Originating Lender State

AR

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

25205.72

Forgiveness Date

01/07/2021

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