PPP Loan information for Joe drace farms inc

$82,950

Joe drace farms inc was initially approved for PPP Loan of amount $82,950, the current approved amount is $82,950. The loan was approved on 04/28/2020 by The Armor Bank reported 4 jobs and $82,950 was used to fund payroll.

Joe drace farms inc is Existing or more than 2 years old

PPP Loan Search / AR / TYRONZA / Joe drace farms inc

JOE DRACE FARMS INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

JOE DRACE FARMS INC

Borrower Address

607 DRACE LN

Borrower City

TYRONZA

Borrower State

AR

Borrower Zip

72386-9706

Loan Status Date

02/24/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82950.00

Current Approval Amount

82950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYRONZA

Project County Name

POINSETT

Project State

AR

Project Zip

72386-9706

CD

AR-01

Jobs Reported

4

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82950.00

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

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30898.96

Forgiveness Date

12/08/2020

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