PPP Loan information for Shadrach's coffee roasting company

$196,300

Shadrach's coffee roasting company was initially approved for PPP Loan of amount $196,300, the current approved amount is $196,300. The loan was approved on 04/03/2020 by The Southern Bank reported 61 jobs and $196,300 was used to fund payroll.

Shadrach's coffee roasting company is Existing or more than 2 years old

PPP Loan Search / AR / JONESBORO / Shadrach's coffee roasting company

SHADRACH'S COFFEE ROASTING COMPANY

Date Approved

04/03/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SHADRACH'S COFFEE ROASTING COMPANY

Borrower Address

3326 E. Nettleton Avenue

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72401-5520

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196300.00

Current Approval Amount

196300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-5520

CD

AR-01

Jobs Reported

61

NAICS Code

445299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

16300.00

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

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

198857.35

Forgiveness Date

07/26/2021

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