PPP Loan information for Southwest auto group, llc

$617,500

Southwest auto group, llc was initially approved for PPP Loan of amount $617,500, the current approved amount is $617,500. The loan was approved on 04/10/2020 by The Southern Bancorp Bank reported 59 jobs and $617,500 was used to fund payroll.

Southwest auto group, llc is Existing or more than 2 years old

PPP Loan Search / AR / ARKADELPHIA / Southwest auto group, llc

SOUTHWEST AUTO GROUP, LLC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTHWEST AUTO GROUP, LLC

Borrower Address

1407 N 10th ST

Borrower City

ARKADELPHIA

Borrower State

AR

Borrower Zip

71923-2511

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617500.00

Current Approval Amount

617500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARKADELPHIA

Project County Name

CLARK

Project State

AR

Project Zip

71923-2511

CD

AR-04

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61750.00

Payroll Proceed

463125.00

Mortgage Interest Proceed

0.00

Rent Proceed

92625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

624571.64

Forgiveness Date

06/08/2021

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