PPP Loan information for Cates agri tech services inc

$53,706

Cates agri tech services inc was initially approved for PPP Loan of amount $53,706, the current approved amount is $53,706. The loan was approved on 04/09/2020 by The Armor Bank reported 5 jobs and $53,706 was used to fund payroll.

Cates agri tech services inc is Existing or more than 2 years old

CATES AGRI TECH SERVICES INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CATES AGRI TECH SERVICES INC

Borrower Address

253 RIVERTRACE DR

Borrower City

MARION

Borrower State

AR

Borrower Zip

72364-2603

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53706.22

Current Approval Amount

53706.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72364-2603

CD

AR-01

Jobs Reported

5

NAICS Code

541620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13426.55

Payroll Proceed

40279.67

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

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53968.13

Forgiveness Date

10/13/2020

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