PPP Loan information for 71b auction inc

$430,560

71b auction inc was initially approved for PPP Loan of amount $430,560, the current approved amount is $430,560. The loan was approved on 01/23/2021 by The Arvest Bank reported 38 jobs and $430,560 was used to fund payroll.

71b auction inc is Existing or more than 2 years old

71B AUCTION INC

Date Approved

01/23/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

71B AUCTION INC

Borrower Address

4635 N Thompson St

Borrower City

Springdale

Borrower State

AR

Borrower Zip

72764-8410

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

430560.00

Current Approval Amount

430560.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springdale

Project County Name

BENTON

Project State

AR

Project Zip

72764-8410

CD

AR-03

Jobs Reported

38

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

430554.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

434578.56

Forgiveness Date

12/29/2021

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