PPP Loan information for Norman cotton

$20,800

Norman cotton was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 05/12/2021 by The Southern Bancorp Bank reported 1 jobs and $20,800 was used to fund payroll.

Norman cotton is Existing or more than 2 years old

NORMAN COTTON

Date Approved

05/12/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NORMAN COTTON

Borrower Address

334 Cotten Ln

Borrower City

Malvern

Borrower State

AR

Borrower Zip

72104-6260

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-6260

CD

AR-04

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20796.00

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

Single Member LLC

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

20867.81

Forgiveness Date

09/13/2021

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