PPP Loan information for Arks hospitality inc

$112,000

Arks hospitality inc was initially approved for PPP Loan of amount $112,000, the current approved amount is $112,000. The loan was approved on 03/24/2021 by The First Financial Bank, National Association reported 18 jobs and $112,000 was used to fund payroll.

Arks hospitality inc is Existing or more than 2 years old

ARKS HOSPITALITY INC

Date Approved

03/24/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

ARKS HOSPITALITY INC

Borrower Address

5955 Walden Rd

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77707-5503

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112000.00

Current Approval Amount

112000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68922

Servicing Lender Name

First Financial Bank, National Association

Servicing Lender Address

400 Pine St

Servicing Lender City

ABILENE

Servicing Lender State

TX

Servicing Lender Zip

79601-5108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77707-5503

CD

TX-14

Jobs Reported

18

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111998.00

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

68922

Originating Lender

First Financial Bank, National Association

Originating Lender City

ABILENE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112563.11

Forgiveness Date

09/29/2021

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