PPP Loan information for Phelps industries inc

$439,100

Phelps industries inc was initially approved for PPP Loan of amount $439,100, the current approved amount is $439,100. The loan was approved on 04/07/2020 by The First Security Bank reported 52 jobs and $439,100 was used to fund payroll.

Phelps industries inc is Existing or more than 2 years old

PHELPS INDUSTRIES INC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PHELPS INDUSTRIES INC

Borrower Address

1700 E 9TH ST

Borrower City

LITTLE ROCK

Borrower State

AR

Borrower Zip

72202-4204

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439100.00

Current Approval Amount

439100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72202-4204

CD

AR-02

Jobs Reported

52

NAICS Code

333131

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

439100.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

442027.33

Forgiveness Date

12/14/2020

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