PPP Loan information for Richard larry otwell insurance agency, inc.

$53,233

Richard larry otwell insurance agency, inc. was initially approved for PPP Loan of amount $53,233, the current approved amount is $53,233. The loan was approved on 04/27/2020 by The The Malvern National Bank reported 10 jobs and $53,233 was used to fund payroll.

Richard larry otwell insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Richard larry otwell insurance agency, inc.

RICHARD LARRY OTWELL INSURANCE AGENCY, INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RICHARD LARRY OTWELL INSURANCE AGENCY, INC.

Borrower Address

805 W GRAND AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71913-3528

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53232.50

Current Approval Amount

53232.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

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

71913-3528

CD

AR-04

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1720.00

Payroll Proceed

46512.50

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53572.31

Forgiveness Date

12/28/2020

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