PPP Loan information for Searcy industrial products inc

$122,550

Searcy industrial products inc was initially approved for PPP Loan of amount $122,550, the current approved amount is $122,550. The loan was approved on 04/11/2020 by The First Community Bank reported 17 jobs and $122,550 was used to fund payroll.

Searcy industrial products inc is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / Searcy industrial products inc

SEARCY INDUSTRIAL PRODUCTS INC

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SEARCY INDUSTRIAL PRODUCTS INC

Borrower Address

2202 East Line Road

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122550.49

Current Approval Amount

122550.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

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

72143-2900

CD

AR-02

Jobs Reported

17

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30637.62

Payroll Proceed

91912.87

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

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123383.16

Forgiveness Date

12/22/2020

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