PPP Loan information for Arcot industrial manufacturing

$256,372

Arcot industrial manufacturing was initially approved for PPP Loan of amount $256,372, the current approved amount is $256,372. The loan was approved on 01/29/2021 by The First National Bank reported 24 jobs and $256,372 was used to fund payroll.

Arcot industrial manufacturing is Existing or more than 2 years old

PPP Loan Search / AR / Paragould / Arcot industrial manufacturing

ARCOT INDUSTRIAL MANUFACTURING

Date Approved

01/29/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARCOT INDUSTRIAL MANUFACTURING

Borrower Address

405 N Pruett St

Borrower City

Paragould

Borrower State

AR

Borrower Zip

72450-3041

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256371.92

Current Approval Amount

256371.92

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paragould

Project County Name

GREENE

Project State

AR

Project Zip

72450-3041

CD

AR-01

Jobs Reported

24

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

256370.92

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257608.12

Forgiveness Date

07/28/2021

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