PPP Loan information for Precision diesel repair inc

$37,427

Precision diesel repair inc was initially approved for PPP Loan of amount $37,427, the current approved amount is $37,427. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 4 jobs and $37,427 was used to fund payroll.

Precision diesel repair inc is Existing or more than 2 years old

PRECISION DIESEL REPAIR INC

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PRECISION DIESEL REPAIR INC

Borrower Address

6815 Arkansas Highway 108

Borrower City

Texarkana

Borrower State

AR

Borrower Zip

71854-0205

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37427.00

Current Approval Amount

37427.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Texarkana

Project County Name

MILLER

Project State

AR

Project Zip

71854-0205

CD

AR-04

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37427.00

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

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33609.25

Forgiveness Date

11/17/2020

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