PPP Loan information for Generations inc

$162,425

Generations inc was initially approved for PPP Loan of amount $162,425, the current approved amount is $162,425. The loan was approved on 02/08/2021 by The The Farmers & Merchants Bank reported 21 jobs and $162,425 was used to fund payroll.

Generations inc is Existing or more than 2 years old

GENERATIONS INC

Date Approved

02/08/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

GENERATIONS INC

Borrower Address

1521 Executive Pl Ste B

Borrower City

Springdale

Borrower State

AR

Borrower Zip

72762-4260

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162425.00

Current Approval Amount

162425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

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

72762-4260

CD

AR-03

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

162420.00

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

Corporation

Originating Lender Location Id

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163906.85

Forgiveness Date

01/11/2022

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