PPP Loan information for Open arms learning center, inc.

$171,700

Open arms learning center, inc. was initially approved for PPP Loan of amount $171,700, the current approved amount is $171,700. The loan was approved on 04/06/2020 by The Arvest Bank reported 34 jobs and $171,700 was used to fund payroll.

Open arms learning center, inc. is Existing or more than 2 years old

OPEN ARMS LEARNING CENTER, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

OPEN ARMS LEARNING CENTER, INC.

Borrower Address

222 WADE AVE

Borrower City

MOUNTAIN HOME

Borrower State

AR

Borrower Zip

72653-5435

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171700.00

Current Approval Amount

171700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN HOME

Project County Name

BAXTER

Project State

AR

Project Zip

72653-5435

CD

AR-01

Jobs Reported

34

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171700.00

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

Professional Association

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

162670.20

Forgiveness Date

11/13/2020

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