PPP Loan information for Riceland machine and supply, corp.

$42,500

Riceland machine and supply, corp. was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/28/2020 by The The Farmers & Merchants Bank reported 6 jobs and $42,500 was used to fund payroll.

Riceland machine and supply, corp. is Existing or more than 2 years old

RICELAND MACHINE AND SUPPLY, CORP.

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RICELAND MACHINE AND SUPPLY, CORP.

Borrower Address

3102 South Main Street

Borrower City

Stuttgart

Borrower State

AR

Borrower Zip

72160

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stuttgart

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-0001

CD

AR-01

Jobs Reported

6

NAICS Code

111160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42883.08

Forgiveness Date

03/30/2021

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