PPP Loan information for Arkansas homes and rentals investments, llc

$72,500

Arkansas homes and rentals investments, llc was initially approved for PPP Loan of amount $415,900, the current approved amount is $72,500. The loan was approved on 04/03/2020 by The Southern Bank reported 14 jobs and $72,500 was used to fund payroll.

Arkansas homes and rentals investments, llc is New Business or 2 years or less

ARKANSAS HOMES AND RENTALS INVESTMENTS, LLC

Date Approved

04/03/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARKANSAS HOMES AND RENTALS INVESTMENTS, LLC

Borrower Address

1522 S 2ND ST

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023-3321

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

415900.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CABOT

Project County Name

LONOKE

Project State

AR

Project Zip

72023-3321

CD

AR-01

Jobs Reported

14

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18125.00

Payroll Proceed

54375.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73045.76

Forgiveness Date

01/07/2021

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