PPP Loan information for Redemption enterprises, inc.

$55,700

Redemption enterprises, inc. was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/04/2020 by The Southern Bancorp Bank reported 17 jobs and $55,700 was used to fund payroll.

Redemption enterprises, inc. is New Business or 2 years or less

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Redemption enterprises, inc.

REDEMPTION ENTERPRISES, INC.

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

REDEMPTION ENTERPRISES, INC.

Borrower Address

136 LOTUS PL

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-9220

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

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

New Business or 2 years or less

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-9220

CD

AR-04

Jobs Reported

17

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5570.00

Payroll Proceed

41775.00

Mortgage Interest Proceed

0.00

Rent Proceed

8355.00

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

56276.84

Forgiveness Date

04/22/2021

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