PPP Loan information for Credit associates llc

$921,000

Credit associates llc was initially approved for PPP Loan of amount $921,000, the current approved amount is $921,000. The loan was approved on 04/13/2020 by The Southern Bancorp Bank reported 63 jobs and $921,000 was used to fund payroll.

Credit associates llc is Existing or more than 2 years old

CREDIT ASSOCIATES LLC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CREDIT ASSOCIATES LLC

Borrower Address

6400 PINECREST DR

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75024-2959

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

921000.00

Current Approval Amount

921000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75024-2959

CD

TX-04

Jobs Reported

63

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

92100.00

Payroll Proceed

690750.00

Mortgage Interest Proceed

0.00

Rent Proceed

138150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

926500.77

Forgiveness Date

11/23/2020

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