PPP Loan information for Marvell academy

$144,700

Marvell academy was initially approved for PPP Loan of amount $144,700, the current approved amount is $144,700. The loan was approved on 04/10/2020 by The Southern Bancorp Bank reported 50 jobs and $144,700 was used to fund payroll.

Marvell academy is Existing or more than 2 years old

MARVELL ACADEMY

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MARVELL ACADEMY

Borrower Address

645 Highway 243 North

Borrower City

MARVELL

Borrower State

AR

Borrower Zip

72366-0277

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144700.00

Current Approval Amount

144700.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARVELL

Project County Name

PHILLIPS

Project State

AR

Project Zip

72366-0277

CD

AR-01

Jobs Reported

50

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14470.00

Payroll Proceed

108525.00

Mortgage Interest Proceed

0.00

Rent Proceed

21705.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

146036.00

Forgiveness Date

03/18/2021

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