PPP Loan information for East cotton company

$45,417

East cotton company was initially approved for PPP Loan of amount $45,417, the current approved amount is $45,417. The loan was approved on 03/20/2021 by The Southern Bancorp Bank reported 4 jobs and $45,417 was used to fund payroll.

East cotton company is Existing or more than 2 years old

EAST COTTON COMPANY

Date Approved

03/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

EAST COTTON COMPANY

Borrower Address

335 Block St

Borrower City

Marion

Borrower State

AR

Borrower Zip

72364-2103

Loan Status Date

01/18/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45417.00

Current Approval Amount

45417.00

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

Marion

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72364-2103

CD

AR-01

Jobs Reported

4

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45416.00

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

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45920.37

Forgiveness Date

05/02/2022

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