PPP Loan information for Polk farms

$95,300

Polk farms was initially approved for PPP Loan of amount $95,300, the current approved amount is $95,300. The loan was approved on 04/29/2020 by The Southern Bancorp Bank reported 6 jobs and $95,300 was used to fund payroll.

Polk farms is Existing or more than 2 years old

POLK FARMS

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

POLK FARMS

Borrower Address

835 HIGHWAY 318

Borrower City

MARVELL

Borrower State

AR

Borrower Zip

72366-9137

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95300.00

Current Approval Amount

95300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARVELL

Project County Name

PHILLIPS

Project State

AR

Project Zip

72366-9137

CD

AR-01

Jobs Reported

6

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9530.00

Payroll Proceed

71475.00

Mortgage Interest Proceed

0.00

Rent Proceed

14295.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96216.45

Forgiveness Date

04/21/2021

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