PPP Loan information for Sowell's furniture, inc.

$24,200

Sowell's furniture, inc. was initially approved for PPP Loan of amount $24,200, the current approved amount is $24,200. The loan was approved on 04/10/2020 by The First Security Bank reported 3 jobs and $24,200 was used to fund payroll.

Sowell's furniture, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / Sowell's furniture, inc.

SOWELL'S FURNITURE, INC.

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOWELL'S FURNITURE, INC.

Borrower Address

207 W ARCH AVE

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-5301

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24200.00

Current Approval Amount

24200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-5301

CD

AR-02

Jobs Reported

3

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24200.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24351.25

Forgiveness Date

11/25/2020

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