PPP Loan information for Philips development center

$398,688

Philips development center was initially approved for PPP Loan of amount $398,688, the current approved amount is $398,688. The loan was approved on 02/10/2021 by The Partners Bank reported 88 jobs and $398,688 was used to fund payroll.

Philips development center is Existing or more than 2 years old

PHILIPS DEVELOPMENT CENTER

Date Approved

02/10/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

PHILIPS DEVELOPMENT CENTER

Borrower Address

1221 W Highway 49

Borrower City

West Helena

Borrower State

AR

Borrower Zip

72390-1716

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398687.50

Current Approval Amount

398687.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4387

Servicing Lender Name

Partners Bank

Servicing Lender Address

302 Cherry St

Servicing Lender City

HELENA

Servicing Lender State

AR

Servicing Lender Zip

72342-3506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Helena

Project County Name

PHILLIPS

Project State

AR

Project Zip

72390-1716

CD

AR-01

Jobs Reported

88

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398685.50

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

Non-Profit Organization

Originating Lender Location Id

4387

Originating Lender

Partners Bank

Originating Lender City

HELENA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

400082.91

Forgiveness Date

06/23/2021

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