PPP Loan information for National cottonseed inc

$50,500

National cottonseed inc was initially approved for PPP Loan of amount $50,500, the current approved amount is $50,500. The loan was approved on 04/04/2020 by The First Service Bank reported 5 jobs and $50,500 was used to fund payroll.

National cottonseed inc is Existing or more than 2 years old

PPP Loan Search / AR / DERMOTT / National cottonseed inc

NATIONAL COTTONSEED INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NATIONAL COTTONSEED INC

Borrower Address

2509 Hwy 165 S

Borrower City

DERMOTT

Borrower State

AR

Borrower Zip

71638-9422

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50500.00

Current Approval Amount

50500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4234

Servicing Lender Name

First Service Bank

Servicing Lender Address

136 Broadview St

Servicing Lender City

Greenbrier

Servicing Lender State

AR

Servicing Lender Zip

72058

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERMOTT

Project County Name

DREW

Project State

AR

Project Zip

71638-9422

CD

AR-01

Jobs Reported

5

NAICS Code

493130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12500.00

Payroll Proceed

38000.00

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

4234

Originating Lender

First Service Bank

Originating Lender City

Greenbrier

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50974.14

Forgiveness Date

03/11/2021

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