PPP Loan information for K & n farms

$55,200

K & n farms was initially approved for PPP Loan of amount $55,200, the current approved amount is $55,200. The loan was approved on 04/29/2020 by The Southern Bancorp Bank reported 7 jobs and $55,200 was used to fund payroll.

K & n farms is Existing or more than 2 years old

K & N FARMS

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

K & N FARMS

Borrower Address

2440 HIGHWAY 1

Borrower City

MARIANNA

Borrower State

AR

Borrower Zip

72360-8612

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55200.00

Current Approval Amount

55200.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARIANNA

Project County Name

LEE

Project State

AR

Project Zip

72360-8612

CD

AR-01

Jobs Reported

7

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5520.00

Payroll Proceed

41400.00

Mortgage Interest Proceed

0.00

Rent Proceed

8280.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

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

55804.93

Forgiveness Date

06/17/2021

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