Date Approved
04/14/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
A.E.R.C.,PLLC
Borrower Address
342 WEST VALLEY ST
Borrower City
HERNANDO
Borrower State
MS
Borrower Zip
38632-1744
Loan Status Date
04/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
79500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4089
Servicing Lender Name
Southern Bancorp Bank
Servicing Lender Address
605 Main St
Servicing Lender City
ARKADELPHIA
Servicing Lender State
AR
Servicing Lender Zip
71923-6037
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DESOTO
Project State
Project Zip
CD
MS-01
Jobs Reported
7
NAICS Code
531312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
7950.00
Payroll Proceed
59625.00
Mortgage Interest Proceed
Rent Proceed
11925.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
80227.48
Forgiveness Date
03/16/2021