PPP Loan information for Affordable rent to own used cars inc

$168,144

Affordable rent to own used cars inc was initially approved for PPP Loan of amount $168,144, the current approved amount is $168,144. The loan was approved on 04/09/2021 by The Centennial Bank reported 18 jobs and $168,144 was used to fund payroll.

Affordable rent to own used cars inc is Existing or more than 2 years old

AFFORDABLE RENT TO OWN USED CARS INC

Date Approved

04/09/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

AFFORDABLE RENT TO OWN USED CARS INC

Borrower Address

815 E Broadway St

Borrower City

North Little Rock

Borrower State

AR

Borrower Zip

72114-5714

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168143.92

Current Approval Amount

168143.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72114-5714

CD

AR-02

Jobs Reported

18

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

168139.92

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

169392.33

Forgiveness Date

01/11/2022

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