PPP Loan information for Southern motorplex, inc.

$119,830

Southern motorplex, inc. was initially approved for PPP Loan of amount $119,830, the current approved amount is $119,830. The loan was approved on 04/10/2020 by The FBT Bank & Mortgage reported 14 jobs and $119,830 was used to fund payroll.

Southern motorplex, inc. is Existing or more than 2 years old

PPP Loan Search / AR / FORDYCE / Southern motorplex, inc.

SOUTHERN MOTORPLEX, INC.

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTHERN MOTORPLEX, INC.

Borrower Address

1430 MORO ST

Borrower City

FORDYCE

Borrower State

AR

Borrower Zip

71742-2420

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119830.00

Current Approval Amount

119830.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

4294

Servicing Lender Name

FBT Bank & Mortgage

Servicing Lender Address

200 W 4th St

Servicing Lender City

FORDYCE

Servicing Lender State

AR

Servicing Lender Zip

71742-2202

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORDYCE

Project County Name

DALLAS

Project State

AR

Project Zip

71742-2420

CD

AR-04

Jobs Reported

14

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119830.00

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

Subchapter S Corporation

Originating Lender Location Id

4294

Originating Lender

FBT Bank & Mortgage

Originating Lender City

FORDYCE

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120831.32

Forgiveness Date

02/16/2021

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