PPP Loan information for Master tech and mechanicals

$141,900

Master tech and mechanicals was initially approved for PPP Loan of amount $141,900, the current approved amount is $141,900. The loan was approved on 01/21/2021 by The Southern Bancorp Bank reported 19 jobs and $141,900 was used to fund payroll.

Master tech and mechanicals is Existing or more than 2 years old

MASTER TECH AND MECHANICALS

Date Approved

01/21/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MASTER TECH AND MECHANICALS

Borrower Address

505 Hancock Rd

Borrower City

Crossett

Borrower State

AR

Borrower Zip

71635-9193

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141900.00

Current Approval Amount

141900.00

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

Crossett

Project County Name

ASHLEY

Project State

AR

Project Zip

71635-9193

CD

AR-04

Jobs Reported

19

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

141898.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142794.16

Forgiveness Date

09/14/2021

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