PPP Loan information for Southwest arkansas foods, inc

$240,700

Southwest arkansas foods, inc was initially approved for PPP Loan of amount $240,700, the current approved amount is $240,700. The loan was approved on 04/08/2020 by The First National Bank reported 74 jobs and $240,700 was used to fund payroll.

Southwest arkansas foods, inc is Existing or more than 2 years old

SOUTHWEST ARKANSAS FOODS, INC

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTHWEST ARKANSAS FOODS, INC

Borrower Address

139 Southwest Drive

Borrower City

Jonesboro

Borrower State

AR

Borrower Zip

72401

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240700.00

Current Approval Amount

240700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

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

72401-0002

CD

AR-01

Jobs Reported

74

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10175.00

Payroll Proceed

180525.00

Mortgage Interest Proceed

50000.00

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242262.90

Forgiveness Date

12/10/2020

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