PPP Loan information for Cecil magness

$20,800

Cecil magness was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 03/05/2021 by The Merchants & Planters Bank reported 1 jobs and $20,800 was used to fund payroll.

Cecil magness is Existing or more than 2 years old

CECIL MAGNESS

Date Approved

03/05/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CECIL MAGNESS

Borrower Address

460 Cleghorn Chapel Rd

Borrower City

Batesville

Borrower State

AR

Borrower Zip

72501-9347

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Batesville

Project County Name

INDEPENDENCE

Project State

AR

Project Zip

72501-9347

CD

AR-01

Jobs Reported

1

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20799.00

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

Sole Proprietorship

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20929.36

Forgiveness Date

10/26/2021

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