PPP Loan information for Verlin butler

$52,600

Verlin butler was initially approved for PPP Loan of amount $52,600, the current approved amount is $52,600. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 16 jobs and $52,600 was used to fund payroll.

Verlin butler is Existing or more than 2 years old

VERLIN BUTLER

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

VERLIN BUTLER

Borrower Address

239 SWANIGAN ST

Borrower City

EUDORA

Borrower State

AR

Borrower Zip

71640-2437

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52600.00

Current Approval Amount

52600.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

EUDORA

Project County Name

CHICOT

Project State

AR

Project Zip

71640-2437

CD

AR-01

Jobs Reported

16

NAICS Code

624410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5260.00

Payroll Proceed

39450.00

Mortgage Interest Proceed

0.00

Rent Proceed

7890.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53066.92

Forgiveness Date

03/11/2021

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