PPP Loan information for R&m franchise, llc

$47,240

R&m franchise, llc was initially approved for PPP Loan of amount $47,240, the current approved amount is $47,240. The loan was approved on 04/15/2020 by The Cadence Bank reported 25 jobs and $47,240 was used to fund payroll.

R&m franchise, llc is New Business or 2 years or less

R&M FRANCHISE, LLC

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

R&M FRANCHISE, LLC

Borrower Address

209 E 22ND ST

Borrower City

STUTTGART

Borrower State

AR

Borrower Zip

72160

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47240.00

Current Approval Amount

47240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STUTTGART

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-0001

CD

AR-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47240.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47540.50

Forgiveness Date

12/09/2020

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