PPP Loan information for Foundation life insurance company of arkansas

$299,800

Foundation life insurance company of arkansas was initially approved for PPP Loan of amount $299,800, the current approved amount is $299,800. The loan was approved on 04/09/2020 by The The First National Bank of Fort Smith reported 22 jobs and $299,800 was used to fund payroll.

Foundation life insurance company of arkansas is Existing or more than 2 years old

FOUNDATION LIFE INSURANCE COMPANY OF ARKANSAS

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FOUNDATION LIFE INSURANCE COMPANY OF ARKANSAS

Borrower Address

109 North 6th Street

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-2103

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299800.00

Current Approval Amount

299800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-2103

CD

AR-03

Jobs Reported

22

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24983.00

Payroll Proceed

224850.00

Mortgage Interest Proceed

24983.00

Rent Proceed

24984.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303077.27

Forgiveness Date

05/21/2021

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