PPP Loan information for Morrilton drive inn, inc.

$48,000

Morrilton drive inn, inc. was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/28/2020 by The The Farmers & Merchants Bank reported 16 jobs and $48,000 was used to fund payroll.

Morrilton drive inn, inc. is Existing or more than 2 years old

PPP Loan Search / AR / Morrilton / Morrilton drive inn, inc.

MORRILTON DRIVE INN, INC.

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MORRILTON DRIVE INN, INC.

Borrower Address

1601 N. Oak St.

Borrower City

Morrilton

Borrower State

AR

Borrower Zip

72110

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrilton

Project County Name

CONWAY

Project State

AR

Project Zip

72110-0001

CD

AR-02

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48000.00

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

Corporation

Originating Lender Location Id

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48288.00

Forgiveness Date

12/10/2020

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