PPP Loan information for Serbon, inc.

$365,801

Serbon, inc. was initially approved for PPP Loan of amount $365,801, the current approved amount is $365,801. The loan was approved on 04/15/2020 by The First Community Bank reported 112 jobs and $365,801 was used to fund payroll.

Serbon, inc. is Existing or more than 2 years old

SERBON, INC.

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SERBON, INC.

Borrower Address

PO BOX 310

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72145

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365801.17

Current Approval Amount

365801.17

Undisbursed Amount

0.00

Franchise Name

Colton's Steak House & Grill

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72145-0001

CD

AR-02

Jobs Reported

112

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

91450.29

Payroll Proceed

274350.88

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

Subchapter S Corporation

Originating Lender Location Id

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

369719.75

Forgiveness Date

05/21/2021

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