PPP Loan information for Rusty's welding and farm equipment

$14,793

Rusty's welding and farm equipment was initially approved for PPP Loan of amount $14,793, the current approved amount is $14,793. The loan was approved on 04/10/2020 by The Southern Bancorp Bank reported 2 jobs and $14,793 was used to fund payroll.

Rusty's welding and farm equipment is Existing or more than 2 years old

PPP Loan Search / AR / Lockesburg / Rusty's welding and farm equipment

RUSTY'S WELDING AND FARM EQUIPMENT

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RUSTY'S WELDING AND FARM EQUIPMENT

Borrower Address

3342 N Camellia

Borrower City

Lockesburg

Borrower State

AR

Borrower Zip

71846-0118

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14792.50

Current Approval Amount

14792.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lockesburg

Project County Name

SEVIER

Project State

AR

Project Zip

71846-0118

CD

AR-04

Jobs Reported

2

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14792.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12867.85

Forgiveness Date

11/19/2020

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