PPP Loan information for Hot springs advertising & promotion commission

$620,000

Hot springs advertising & promotion commission was initially approved for PPP Loan of amount $620,000, the current approved amount is $620,000. The loan was approved on 01/20/2021 by The First Security Bank reported 33 jobs and $620,000 was used to fund payroll.

Hot springs advertising & promotion commission is Existing or more than 2 years old

HOT SPRINGS ADVERTISING & PROMOTION COMMISSION

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HOT SPRINGS ADVERTISING & PROMOTION COMMISSION

Borrower Address

134 Convention Blvd

Borrower City

Hot Springs National Park

Borrower State

AR

Borrower Zip

71901-4135

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620000.00

Current Approval Amount

620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hot Springs National Park

Project County Name

GARLAND

Project State

AR

Project Zip

71901-4135

CD

AR-04

Jobs Reported

33

NAICS Code

561920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

619996.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

623720.00

Forgiveness Date

08/27/2021

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