PPP Loan information for Mid-south motorsports, llc

$322,355

Mid-south motorsports, llc was initially approved for PPP Loan of amount $322,355, the current approved amount is $322,355. The loan was approved on 04/10/2020 by The Southern Bancorp Bank reported 30 jobs and $322,355 was used to fund payroll.

Mid-south motorsports, llc is Unanswered

MID-SOUTH MOTORSPORTS, LLC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MID-SOUTH MOTORSPORTS, LLC

Borrower Address

1805 Wheeler Ave

Borrower City

WEST MEMPHIS

Borrower State

AR

Borrower Zip

72301-2238

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322355.00

Current Approval Amount

322355.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WEST MEMPHIS

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-2238

CD

AR-01

Jobs Reported

30

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

322355.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

325023.38

Forgiveness Date

02/09/2021

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