PPP Loan information for Poinsett rice & grain, inc

$1,142,258

Poinsett rice & grain, inc was initially approved for PPP Loan of amount $1,142,258, the current approved amount is $1,142,258. The loan was approved on 04/07/2020 by The Armor Bank reported 97 jobs and $1,142,258 was used to fund payroll.

Poinsett rice & grain, inc is Existing or more than 2 years old

PPP Loan Search / AR / JONESBORO / Poinsett rice & grain, inc

POINSETT RICE & GRAIN, INC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

POINSETT RICE & GRAIN, INC

Borrower Address

6211 SOUTHWEST DR

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72404-8939

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1142258.00

Current Approval Amount

1142258.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72404-8939

CD

AR-01

Jobs Reported

97

NAICS Code

424510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

856700.00

Mortgage Interest Proceed

0.00

Rent Proceed

285558.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1148642.13

Forgiveness Date

11/05/2020

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