PPP Loan information for Laxmi corporation of mcgehee

$49,298

Laxmi corporation of mcgehee was initially approved for PPP Loan of amount $49,298, the current approved amount is $49,298. The loan was approved on 02/07/2021 by The Stone Bank reported 12 jobs and $49,298 was used to fund payroll.

Laxmi corporation of mcgehee is Existing or more than 2 years old

LAXMI CORPORATION OF MCGEHEE

Date Approved

02/07/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

LAXMI CORPORATION OF MCGEHEE

Borrower Address

205 Highway 65 N

Borrower City

Mc Gehee

Borrower State

AR

Borrower Zip

71654-8502

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49298.00

Current Approval Amount

49298.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

4086

Servicing Lender Name

Stone Bank

Servicing Lender Address

802 E Main St

Servicing Lender City

MOUNTAIN VIEW

Servicing Lender State

AR

Servicing Lender Zip

72560-6491

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mc Gehee

Project County Name

DESHA

Project State

AR

Project Zip

71654-8502

CD

AR-01

Jobs Reported

12

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49294.00

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

4086

Originating Lender

Stone Bank

Originating Lender City

MOUNTAIN VIEW

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49697.79

Forgiveness Date

12/01/2021

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