PPP Loan information for South 7 - 11 partnership

$51,700

South 7 - 11 partnership was initially approved for PPP Loan of amount $51,700, the current approved amount is $51,700. The loan was approved on 04/28/2020 by The Merchants & Planters Bank reported 6 jobs and $51,700 was used to fund payroll.

South 7 - 11 partnership is Existing or more than 2 years old

SOUTH 7 - 11 PARTNERSHIP

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTH 7 - 11 PARTNERSHIP

Borrower Address

1216 HIGHLAND DR

Borrower City

NEWPORT

Borrower State

AR

Borrower Zip

72112-2630

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51700.00

Current Approval Amount

51700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

JACKSON

Project State

AR

Project Zip

72112-2630

CD

AR-01

Jobs Reported

6

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6463.00

Payroll Proceed

38775.00

Mortgage Interest Proceed

0.00

Rent Proceed

6462.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46154.87

Forgiveness Date

08/02/2021

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