PPP Loan information for R.t. turbines inc

$93,000

R.t. turbines inc was initially approved for PPP Loan of amount $93,000, the current approved amount is $93,000. The loan was approved on 04/28/2020 by The The Farmers & Merchants Bank reported 7 jobs and $93,000 was used to fund payroll.

R.t. turbines inc is Existing or more than 2 years old

PPP Loan Search / AR / Marianna / R.t. turbines inc

R.T. TURBINES INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

R.T. TURBINES INC

Borrower Address

3397 Hwy 121 West

Borrower City

Marianna

Borrower State

AR

Borrower Zip

72360

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

93000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marianna

Project County Name

LEE

Project State

AR

Project Zip

72360-0001

CD

AR-01

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93000.00

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

93496.85

Forgiveness Date

11/17/2020

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