PPP Loan information for Community bankers merchant services

$228,500

Community bankers merchant services was initially approved for PPP Loan of amount $228,500, the current approved amount is $228,500. The loan was approved on 04/07/2020 by The Origin Bank reported 9 jobs and $228,500 was used to fund payroll.

Community bankers merchant services is Existing or more than 2 years old

COMMUNITY BANKERS MERCHANT SERVICES

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

COMMUNITY BANKERS MERCHANT SERVICES

Borrower Address

908 S OLD MISSOURI RD

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72764-1145

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228500.00

Current Approval Amount

228500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72764-1145

CD

AR-03

Jobs Reported

9

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19000.00

Payroll Proceed

200225.00

Mortgage Interest Proceed

9275.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231381.64

Forgiveness Date

07/14/2021

;