PPP Loan information for Redemption enterprises inc

$78,000

Redemption enterprises inc was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 01/20/2021 by The Southern Bancorp Bank reported 12 jobs and $78,000 was used to fund payroll.

Redemption enterprises inc is Existing or more than 2 years old

PPP Loan Search / AR / Hot Springs National Park / Redemption enterprises inc

REDEMPTION ENTERPRISES INC

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

REDEMPTION ENTERPRISES INC

Borrower Address

1217 Malvern Ave

Borrower City

Hot Springs National Park

Borrower State

AR

Borrower Zip

71901-6346

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Hot Springs National Park

Project County Name

GARLAND

Project State

AR

Project Zip

71901-6346

CD

AR-04

Jobs Reported

12

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77996.00

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

Subchapter S 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

78553.48

Forgiveness Date

10/12/2021

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