PPP Loan information for 501 prime llc

$309,547

501 prime llc was initially approved for PPP Loan of amount $309,547, the current approved amount is $309,547. The loan was approved on 01/21/2021 by The Arvest Bank reported 40 jobs and $309,547 was used to fund payroll.

501 prime llc is Existing or more than 2 years old

501 PRIME LLC

Date Approved

01/21/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

501 PRIME LLC

Borrower Address

215 E Grand Ave

Borrower City

Hot Springs

Borrower State

AR

Borrower Zip

71901-4133

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309547.00

Current Approval Amount

309547.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hot Springs

Project County Name

GARLAND

Project State

AR

Project Zip

71901-4133

CD

AR-04

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

309540.00

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

Partnership

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

313631.30

Forgiveness Date

05/16/2022

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