PPP Loan information for Alternative design

$683,000

Alternative design was initially approved for PPP Loan of amount $683,000, the current approved amount is $683,000. The loan was approved on 04/05/2020 by The Grand Savings Bank reported 66 jobs and $683,000 was used to fund payroll.

Alternative design is Existing or more than 2 years old

PPP Loan Search / AR / SILOAM SPRINGS / Alternative design

ALTERNATIVE DESIGN

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ALTERNATIVE DESIGN

Borrower Address

3055 CHERI WHITLOCK DR

Borrower City

SILOAM SPRINGS

Borrower State

AR

Borrower Zip

72761-2011

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683000.00

Current Approval Amount

683000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90222

Servicing Lender Name

Grand Savings Bank

Servicing Lender Address

1022 S Main St

Servicing Lender City

GROVE

Servicing Lender State

OK

Servicing Lender Zip

74344-2846

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILOAM SPRINGS

Project County Name

BENTON

Project State

AR

Project Zip

72761-2011

CD

AR-03

Jobs Reported

66

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

683000.00

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

Corporation

Originating Lender Location Id

90222

Originating Lender

Grand Savings Bank

Originating Lender City

GROVE

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

688632.41

Forgiveness Date

02/10/2021

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