PPP Loan information for Family farm wellspring inc

$115,900

Family farm wellspring inc was initially approved for PPP Loan of amount $115,900, the current approved amount is $115,900. The loan was approved on 02/05/2021 by The Southern Bancorp Bank reported 21 jobs and $115,900 was used to fund payroll.

Family farm wellspring inc is Existing or more than 2 years old

FAMILY FARM WELLSPRING INC

Date Approved

02/05/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

FAMILY FARM WELLSPRING INC

Borrower Address

18448 Highway 67

Borrower City

Malvern

Borrower State

AR

Borrower Zip

72104-6645

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115900.00

Current Approval Amount

115900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-6645

CD

AR-04

Jobs Reported

21

NAICS Code

721214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115897.00

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

Non-Profit Organization

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

111068.28

Forgiveness Date

12/16/2021

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