PPP Loan information for Orr motors of arkansas, inc.

$518,370

Orr motors of arkansas, inc. was initially approved for PPP Loan of amount $518,370, the current approved amount is $518,370. The loan was approved on 04/06/2020 by The Farmers Bank & Trust Company reported 49 jobs and $518,370 was used to fund payroll.

Orr motors of arkansas, inc. is Existing or more than 2 years old

ORR MOTORS OF ARKANSAS, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ORR MOTORS OF ARKANSAS, INC.

Borrower Address

4555 CENTRAL AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71913-7257

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518370.00

Current Approval Amount

518370.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71913-7257

CD

AR-04

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

518370.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

524377.41

Forgiveness Date

06/11/2021

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