PPP Loan information for Riser motors inc

$820,800

Riser motors inc was initially approved for PPP Loan of amount $820,800, the current approved amount is $820,800. The loan was approved on 04/04/2020 by The Arvest Bank reported 79 jobs and $820,800 was used to fund payroll.

Riser motors inc is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Riser motors inc

RISER MOTORS INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RISER MOTORS INC

Borrower Address

4201 Central Ave

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71913-6097

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

820800.00

Current Approval Amount

820800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

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

71913-6097

CD

AR-04

Jobs Reported

79

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

820800.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

826363.20

Forgiveness Date

12/09/2020

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