PPP Loan information for Mitchell sales agency inc

$500,000

Mitchell sales agency inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/13/2020 by The Arvest Bank reported 35 jobs and $500,000 was used to fund payroll.

Mitchell sales agency inc is Existing or more than 2 years old

MITCHELL SALES AGENCY INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MITCHELL SALES AGENCY INC

Borrower Address

62 TECHNOLOGY DR

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005-3969

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FORSYTH

Project State

GA

Project Zip

30005-3969

CD

GA-06

Jobs Reported

35

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502819.44

Forgiveness Date

11/03/2020

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