PPP Loan information for Arkansas shortline railroads

$253,939

Arkansas shortline railroads was initially approved for PPP Loan of amount $253,939, the current approved amount is $253,939. The loan was approved on 04/28/2020 by The First State Bank reported 19 jobs and $253,939 was used to fund payroll.

Arkansas shortline railroads is Existing or more than 2 years old

ARKANSAS SHORTLINE RAILROADS

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARKANSAS SHORTLINE RAILROADS

Borrower Address

4416 S Arkansas Ave

Borrower City

RUSSELLVILLE

Borrower State

AR

Borrower Zip

72802

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253939.00

Current Approval Amount

253939.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4705

Servicing Lender Name

First State Bank

Servicing Lender Address

3103 E Main St

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AR

Servicing Lender Zip

72802-9668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

POPE

Project State

AR

Project Zip

72802-0700

CD

AR-04

Jobs Reported

19

NAICS Code

482112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253939.00

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

4705

Originating Lender

First State Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256499.55

Forgiveness Date

05/05/2021

;