Date Approved
04/27/2021
SBA Office Code
0669
Processing Method
PPP
Borrower Name
MICHAEL W. CLEM FARMS INC.
Borrower Address
12147 Highway 163
Borrower City
Harrisburg
Borrower State
AR
Borrower Zip
72432-9075
Loan Status Date
11/18/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
11000.00
Current Approval Amount
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
Servicing Lender Zip
71923-6037
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POINSETT
Project State
Project Zip
CD
AR-01
Jobs Reported
3
NAICS Code
111920
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
10997.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
11045.81
Forgiveness Date
09/29/2021