PPP Loan information for R & e needham inc

$36,000

R & e needham inc was initially approved for PPP Loan of amount $36,000, the current approved amount is $36,000. The loan was approved on 04/13/2020 by The Merchants & Planters Bank reported 22 jobs and $36,000 was used to fund payroll.

R & e needham inc is Existing or more than 2 years old

PPP Loan Search / AR / MC CRORY / R & e needham inc

R & E NEEDHAM INC

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

R & E NEEDHAM INC

Borrower Address

119 EDMONDS AVE

Borrower City

MC CRORY

Borrower State

AR

Borrower Zip

72101-8069

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36000.00

Current Approval Amount

36000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MC CRORY

Project County Name

WOODRUFF

Project State

AR

Project Zip

72101-8069

CD

AR-01

Jobs Reported

22

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

27000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36329.42

Forgiveness Date

03/23/2021

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