PPP Loan information for Northwest rags inc

$42,500

Northwest rags inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/10/2020 by The The Farmers & Merchants Bank reported 10 jobs and $42,500 was used to fund payroll.

Northwest rags inc is Existing or more than 2 years old

PPP Loan Search / AR / SPRINGDALE / Northwest rags inc

NORTHWEST RAGS INC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NORTHWEST RAGS INC

Borrower Address

418 E CENTER AVE

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72764-4571

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72764-4571

CD

AR-03

Jobs Reported

10

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

42812.05

Forgiveness Date

01/08/2021

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