PPP Loan information for Source logistics incorporated

$681,484

Source logistics incorporated was initially approved for PPP Loan of amount $681,484, the current approved amount is $681,484. The loan was approved on 04/15/2020 by The Arkansas Capital Corporation reported 51 jobs and $681,484 was used to fund payroll.

Source logistics incorporated is Existing or more than 2 years old

SOURCE LOGISTICS INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOURCE LOGISTICS INCORPORATED

Borrower Address

500 W MAIN ST SUITE 216

Borrower City

RUSSELLVILLE

Borrower State

AR

Borrower Zip

72801

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681484.32

Current Approval Amount

681484.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224779

Servicing Lender Name

Arkansas Capital Corporation

Servicing Lender Address

200 River Market Ave. Suite 400

Servicing Lender City

Little Rock

Servicing Lender State

AR

Servicing Lender Zip

72201-1728

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

POPE

Project State

AR

Project Zip

72801-2000

CD

AR-04

Jobs Reported

51

NAICS Code

484210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

681484.32

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

224779

Originating Lender

Arkansas Capital Corporation

Originating Lender City

Little Rock

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

686189.36

Forgiveness Date

12/31/2020

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