PPP Loan information for Orr motors of searcy, inc.

$485,303

Orr motors of searcy, inc. was initially approved for PPP Loan of amount $485,303, the current approved amount is $485,303. The loan was approved on 04/06/2020 by The Farmers Bank & Trust Company reported 46 jobs and $485,303 was used to fund payroll.

Orr motors of searcy, inc. is Existing or more than 2 years old

ORR MOTORS OF SEARCY, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ORR MOTORS OF SEARCY, INC.

Borrower Address

1745 JANET ST

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-8088

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485302.50

Current Approval Amount

485302.50

Undisbursed Amount

0.00

Franchise Name

Gulf States Toyota, Inc. - Toyota Dealer Agreement

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-8088

CD

AR-02

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

485302.50

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

Subchapter S Corporation

Originating Lender Location Id

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

490926.69

Forgiveness Date

06/11/2021

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