PPP Loan information for Abernathy motor company inc

$80,100

Abernathy motor company inc was initially approved for PPP Loan of amount $80,100, the current approved amount is $80,100. The loan was approved on 04/09/2020 by The First National Bank reported 10 jobs and $80,100 was used to fund payroll.

Abernathy motor company inc is Existing or more than 2 years old

PPP Loan Search / AR / Brookland / Abernathy motor company inc

ABERNATHY MOTOR COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ABERNATHY MOTOR COMPANY INC

Borrower Address

8238 US HWY 49N

Borrower City

Brookland

Borrower State

AR

Borrower Zip

72417

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80100.00

Current Approval Amount

80100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookland

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72417-0001

CD

AR-01

Jobs Reported

10

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1020.00

Payroll Proceed

64080.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80530.13

Forgiveness Date

11/02/2020

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