PPP Loan information for Young insurance agency

$10,393

Young insurance agency was initially approved for PPP Loan of amount $10,393, the current approved amount is $10,393. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 1 jobs and $10,393 was used to fund payroll.

Young insurance agency is Existing or more than 2 years old

YOUNG INSURANCE AGENCY

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

YOUNG INSURANCE AGENCY

Borrower Address

123 South Main Street

Borrower City

DeWitt

Borrower State

AR

Borrower Zip

72042-2042

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10392.50

Current Approval Amount

10392.50

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

DeWitt

Project County Name

ARKANSAS

Project State

AR

Project Zip

72042-2042

CD

AR-01

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10392.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10470.51

Forgiveness Date

01/28/2021

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