PPP Loan information for Cabot industries

$22,100

Cabot industries was initially approved for PPP Loan of amount $22,100, the current approved amount is $22,100. The loan was approved on 04/09/2020 by The Southern Bank reported 6 jobs and $22,100 was used to fund payroll.

Cabot industries is New Business or 2 years or less

CABOT INDUSTRIES

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CABOT INDUSTRIES

Borrower Address

2011 N 2ND ST

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023-2230

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22100.00

Current Approval Amount

22100.00

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

72023-2230

CD

AR-01

Jobs Reported

6

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5525.00

Payroll Proceed

16575.00

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

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22244.26

Forgiveness Date

12/08/2020

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