PPP Loan information for Davison motorsports and automotive

$25,000

Davison motorsports and automotive was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/28/2020 by The First National Bank of Eastern Arkansas reported 2 jobs and $25,000 was used to fund payroll.

Davison motorsports and automotive is Existing or more than 2 years old

DAVISON MOTORSPORTS AND AUTOMOTIVE

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DAVISON MOTORSPORTS AND AUTOMOTIVE

Borrower Address

4085 Interstate 55

Borrower City

Marion

Borrower State

AR

Borrower Zip

72364-9763

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4299

Servicing Lender Name

First National Bank of Eastern Arkansas

Servicing Lender Address

101 N Washington St

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-3353

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

72364-9763

CD

AR-01

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4299

Originating Lender

First National Bank of Eastern Arkansas

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25138.19

Forgiveness Date

11/23/2020

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