PPP Loan information for Putnam lincoln-mercury, inc.

$297,000

Putnam lincoln-mercury, inc. was initially approved for PPP Loan of amount $301,700, the current approved amount is $297,000. The loan was approved on 04/09/2020 by The The First National Bank of Fort Smith reported 26 jobs and $297,000 was used to fund payroll.

Putnam lincoln-mercury, inc. is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Putnam lincoln-mercury, inc.

PUTNAM LINCOLN-MERCURY, INC.

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PUTNAM LINCOLN-MERCURY, INC.

Borrower Address

4515 Towson Avenue

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-7958

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301700.00

Current Approval Amount

297000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-7958

CD

AR-03

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20441.67

Payroll Proceed

226275.00

Mortgage Interest Proceed

25141.67

Rent Proceed

25141.66

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298830.82

Forgiveness Date

11/30/2020

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