PPP Loan information for Michael w. clem farms inc.

$11,000

Michael w. clem farms inc. was initially approved for PPP Loan of amount $11,000, the current approved amount is $11,000. The loan was approved on 04/27/2021 by The Southern Bancorp Bank reported 3 jobs and $11,000 was used to fund payroll.

Michael w. clem farms inc. is Existing or more than 2 years old

MICHAEL W. CLEM FARMS INC.

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

11000.00

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

Harrisburg

Project County Name

POINSETT

Project State

AR

Project Zip

72432-9075

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11045.81

Forgiveness Date

09/29/2021

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