PPP Loan information for Arkansas glass container corporation

$2,518,748

Arkansas glass container corporation was initially approved for PPP Loan of amount $2,518,748, the current approved amount is $2,518,748. The loan was approved on 04/08/2020 by The First Community Bank reported 225 jobs and $2,518,748 was used to fund payroll.

Arkansas glass container corporation is Existing or more than 2 years old

ARKANSAS GLASS CONTAINER CORPORATION

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARKANSAS GLASS CONTAINER CORPORATION

Borrower Address

516 W. Johnson

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72401

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2518747.50

Current Approval Amount

2518747.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-0002

CD

AR-01

Jobs Reported

225

NAICS Code

327213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

629686.88

Payroll Proceed

1889060.62

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

Corporation

Originating Lender Location Id

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2547247.30

Forgiveness Date

06/02/2021

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