PPP Loan information for Soudan farming company

$78,532

Soudan farming company was initially approved for PPP Loan of amount $78,532, the current approved amount is $78,532. The loan was approved on 04/06/2020 by The Armor Bank reported 13 jobs and $78,532 was used to fund payroll.

Soudan farming company is Existing or more than 2 years old

SOUDAN FARMING COMPANY

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUDAN FARMING COMPANY

Borrower Address

160 LEE ROAD 316

Borrower City

MARIANNA

Borrower State

AR

Borrower Zip

72360-8102

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78531.55

Current Approval Amount

78531.55

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MARIANNA

Project County Name

LEE

Project State

AR

Project Zip

72360-8102

CD

AR-01

Jobs Reported

13

NAICS Code

115111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58900.00

Mortgage Interest Proceed

0.00

Rent Proceed

19631.55

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79196.38

Forgiveness Date

02/17/2021

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