PPP Loan information for Shoffner farm research

$53,300

Shoffner farm research was initially approved for PPP Loan of amount $53,300, the current approved amount is $53,300. The loan was approved on 04/27/2020 by The The Farmers & Merchants Bank reported 5 jobs and $53,300 was used to fund payroll.

Shoffner farm research is Existing or more than 2 years old

SHOFFNER FARM RESEARCH

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SHOFFNER FARM RESEARCH

Borrower Address

6355 Hwy 17 South

Borrower City

Newport

Borrower State

AR

Borrower Zip

72112

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53300.00

Current Approval Amount

53300.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

JACKSON

Project State

AR

Project Zip

72112-0001

CD

AR-01

Jobs Reported

5

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53300.00

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

53818.40

Forgiveness Date

04/21/2021

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