PPP Loan information for 501 union inc

$286,195

501 union inc was initially approved for PPP Loan of amount $286,195, the current approved amount is $286,195. The loan was approved on 03/31/2021 by The First Community Bank reported 29 jobs and $286,195 was used to fund payroll.

501 union inc is Existing or more than 2 years old

501 UNION INC

Date Approved

03/31/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

501 UNION INC

Borrower Address

2628 Phillips Dr

Borrower City

Jonesboro

Borrower State

AR

Borrower Zip

72401-7330

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

286195.00

Current Approval Amount

286195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-7330

CD

AR-01

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

286191.00

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

Sole Proprietorship

Originating Lender Location Id

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

287567.17

Forgiveness Date

09/28/2021

;