PPP Loan information for Palace drug

$45,400

Palace drug was initially approved for PPP Loan of amount $45,400, the current approved amount is $45,400. The loan was approved on 04/27/2020 by The The Farmers & Merchants Bank reported 5 jobs and $45,400 was used to fund payroll.

Palace drug is Existing or more than 2 years old

PPP Loan Search / AR / Des Arc / Palace drug

PALACE DRUG

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PALACE DRUG

Borrower Address

313 Main St

Borrower City

Des Arc

Borrower State

AR

Borrower Zip

72040

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45400.00

Current Approval Amount

45400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Arc

Project County Name

PRAIRIE

Project State

AR

Project Zip

72040-0001

CD

AR-01

Jobs Reported

5

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45400.00

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

Sole Proprietorship

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

45667.42

Forgiveness Date

12/02/2020

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