PPP Loan information for Orr motors south, inc.

$592,600

Orr motors south, inc. was initially approved for PPP Loan of amount $592,600, the current approved amount is $592,600. The loan was approved on 04/06/2020 by The Farmers Bank & Trust Company reported 51 jobs and $592,600 was used to fund payroll.

Orr motors south, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / Orr motors south, inc.

ORR MOTORS SOUTH, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ORR MOTORS SOUTH, INC.

Borrower Address

1000 TRUMAN BAKER DR

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-8343

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592600.00

Current Approval Amount

592600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-8343

CD

AR-02

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

592600.00

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

Subchapter S Corporation

Originating Lender Location Id

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

599467.67

Forgiveness Date

06/11/2021

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