PPP Loan information for Racers ag service

$16,247

Racers ag service was initially approved for PPP Loan of amount $16,247, the current approved amount is $16,247. The loan was approved on 04/08/2020 by The Armor Bank reported 3 jobs and $16,247 was used to fund payroll.

Racers ag service is Existing or more than 2 years old

PPP Loan Search / AR / PALESTINE / Racers ag service

RACERS AG SERVICE

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RACERS AG SERVICE

Borrower Address

731 HIGHWAY 259 S

Borrower City

PALESTINE

Borrower State

AR

Borrower Zip

72372-8606

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16247.00

Current Approval Amount

16247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALESTINE

Project County Name

SAINT FRANCIS

Project State

AR

Project Zip

72372-8606

CD

AR-01

Jobs Reported

3

NAICS Code

115112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4062.00

Payroll Proceed

12185.00

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

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

16336.02

Forgiveness Date

11/02/2020

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