PPP Loan information for Savoy tea company inc

$124,986

Savoy tea company inc was initially approved for PPP Loan of amount $124,986, the current approved amount is $124,986. The loan was approved on 01/23/2021 by The Arvest Bank reported 29 jobs and $124,986 was used to fund payroll.

Savoy tea company inc is Existing or more than 2 years old

PPP Loan Search / AR / Fayetteville / Savoy tea company inc

SAVOY TEA COMPANY INC

Date Approved

01/23/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SAVOY TEA COMPANY INC

Borrower Address

19 E Center St

Borrower City

Fayetteville

Borrower State

AR

Borrower Zip

72701-5302

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124986.40

Current Approval Amount

124986.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

WASHINGTON

Project State

AR

Project Zip

72701-5302

CD

AR-03

Jobs Reported

29

NAICS Code

722515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124982.40

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126989.65

Forgiveness Date

08/25/2022

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