PPP Loan information for L & m associates inc

$246,700

L & m associates inc was initially approved for PPP Loan of amount $246,700, the current approved amount is $246,700. The loan was approved on 04/10/2020 by The First Security Bank reported 12 jobs and $246,700 was used to fund payroll.

L & m associates inc is Existing or more than 2 years old

PPP Loan Search / AR / MOUNTAIN HOME / L & m associates inc

L & M ASSOCIATES INC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

L & M ASSOCIATES INC

Borrower Address

830 HIGHWAY 201

Borrower City

MOUNTAIN HOME

Borrower State

AR

Borrower Zip

72653-2416

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246700.00

Current Approval Amount

246700.00

Undisbursed Amount

0.00

Franchise Name

H&R Block - Franchise License Agreement

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN HOME

Project County Name

BAXTER

Project State

AR

Project Zip

72653-2416

CD

AR-01

Jobs Reported

12

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246700.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249249.23

Forgiveness Date

04/23/2021

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