PPP Loan information for United management & development

$100,700

United management & development was initially approved for PPP Loan of amount $79,100, the current approved amount is $100,700. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 8 jobs and $100,700 was used to fund payroll.

United management & development is Existing or more than 2 years old

PPP Loan Search / MS / CLARKSDALE / United management & development

UNITED MANAGEMENT & DEVELOPMENT

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

UNITED MANAGEMENT & DEVELOPMENT

Borrower Address

89 DELTA AVE STE 101

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-2749

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79100.00

Current Approval Amount

100700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-2749

CD

MS-02

Jobs Reported

8

NAICS Code

531110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10070.00

Payroll Proceed

75525.00

Mortgage Interest Proceed

0.00

Rent Proceed

15105.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101591.13

Forgiveness Date

03/18/2021

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