PPP Loan information for Massanelli construction inc

$53,800

Massanelli construction inc was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 7 jobs and $53,800 was used to fund payroll.

Massanelli construction inc is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Massanelli construction inc

MASSANELLI CONSTRUCTION INC

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MASSANELLI CONSTRUCTION INC

Borrower Address

105 BELLAIRE DR

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-7724

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-7724

CD

AR-04

Jobs Reported

7

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5380.00

Payroll Proceed

40350.00

Mortgage Interest Proceed

8070.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54280.52

Forgiveness Date

03/10/2021

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