PPP Loan information for St. francis area development center

$978,112

St. francis area development center was initially approved for PPP Loan of amount $978,112, the current approved amount is $978,112. The loan was approved on 04/06/2020 by The Armor Bank reported 325 jobs and $978,112 was used to fund payroll.

St. francis area development center is Existing or more than 2 years old

PPP Loan Search / AR / FORREST CITY / St. francis area development center

ST. FRANCIS AREA DEVELOPMENT CENTER

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ST. FRANCIS AREA DEVELOPMENT CENTER

Borrower Address

448 N ROSSER ST

Borrower City

FORREST CITY

Borrower State

AR

Borrower Zip

72335-3249

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

978111.60

Current Approval Amount

978111.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORREST CITY

Project County Name

SAINT FRANCIS

Project State

AR

Project Zip

72335-3249

CD

AR-01

Jobs Reported

325

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

733583.70

Mortgage Interest Proceed

0.00

Rent Proceed

244527.90

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

983899.88

Forgiveness Date

11/17/2020

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