PPP Loan information for Desha insurance inc.

$65,018

Desha insurance inc. was initially approved for PPP Loan of amount $65,018, the current approved amount is $65,018. The loan was approved on 02/12/2021 by The Merchants and Farmers Bank reported 6 jobs and $65,018 was used to fund payroll.

Desha insurance inc. is Existing or more than 2 years old

DESHA INSURANCE INC.

Date Approved

02/12/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

DESHA INSURANCE INC.

Borrower Address

1014 Highway 165 E

Borrower City

Dumas

Borrower State

AR

Borrower Zip

71639-2812

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65018.10

Current Approval Amount

65018.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4251

Servicing Lender Name

Merchants and Farmers Bank

Servicing Lender Address

500 Hwy 65 S

Servicing Lender City

DUMAS

Servicing Lender State

AR

Servicing Lender Zip

71639-2730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dumas

Project County Name

DESHA

Project State

AR

Project Zip

71639-2812

CD

AR-01

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65015.10

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

4251

Originating Lender

Merchants and Farmers Bank

Originating Lender City

DUMAS

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65776.94

Forgiveness Date

04/19/2022

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