PPP Loan information for Medicine wheel inc

$224,000

Medicine wheel inc was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/08/2020 by The Simmons Bank reported 40 jobs and $224,000 was used to fund payroll.

Medicine wheel inc is Existing or more than 2 years old

MEDICINE WHEEL INC

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MEDICINE WHEEL INC

Borrower Address

15681 S Wildflower Lane

Borrower City

KENEFIC

Borrower State

OK

Borrower Zip

74748-5080

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENEFIC

Project County Name

JOHNSTON

Project State

OK

Project Zip

74748-5080

CD

OK-02

Jobs Reported

40

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7182.00

Payroll Proceed

198211.30

Mortgage Interest Proceed

1256.00

Rent Proceed

17350.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225711.11

Forgiveness Date

01/20/2021

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