PPP Loan information for Sumo inc

$307,603

Sumo inc was initially approved for PPP Loan of amount $307,603, the current approved amount is $307,603. The loan was approved on 04/15/2020 by The Cadence Bank reported 77 jobs and $307,603 was used to fund payroll.

Sumo inc is New Business or 2 years or less

PPP Loan Search / AR / JONESBORO / Sumo inc

SUMO INC

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SUMO INC

Borrower Address

2801 RED WOLF BLVD

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72401

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307602.50

Current Approval Amount

307602.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72401-0002

CD

AR-01

Jobs Reported

77

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307602.50

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

309619.01

Forgiveness Date

12/15/2020

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