PPP Loan information for Elm springs, inc

$121,300

Elm springs, inc was initially approved for PPP Loan of amount $121,300, the current approved amount is $121,300. The loan was approved on 04/09/2020 by The Gibsland Bank & Trust Company reported 7 jobs and $121,300 was used to fund payroll.

Elm springs, inc is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / Elm springs, inc

ELM SPRINGS, INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ELM SPRINGS, INC

Borrower Address

5700 HIGHWAY 19 SOUTH

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-9482

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121300.00

Current Approval Amount

121300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-9482

CD

AR-04

Jobs Reported

7

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5325.00

Payroll Proceed

90975.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119707.51

Forgiveness Date

11/10/2020

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