PPP Loan information for Michael r smith inc

$21,225

Michael r smith inc was initially approved for PPP Loan of amount $21,225, the current approved amount is $21,225. The loan was approved on 04/30/2020 by The Southern Bancorp Bank reported 11 jobs and $21,225 was used to fund payroll.

Michael r smith inc is Existing or more than 2 years old

MICHAEL R SMITH INC

Date Approved

04/30/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MICHAEL R SMITH INC

Borrower Address

702 East Michigan Street

Borrower City

Stuttgart

Borrower State

AR

Borrower Zip

72160-3283

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21224.85

Current Approval Amount

21224.85

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Stuttgart

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-3283

CD

AR-01

Jobs Reported

11

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21224.85

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

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

21468.50

Forgiveness Date

06/24/2021

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