PPP Loan information for Smackover motors, inc

$158,400

Smackover motors, inc was initially approved for PPP Loan of amount $158,400, the current approved amount is $158,400. The loan was approved on 04/05/2020 by The Generations Bank reported 16 jobs and $158,400 was used to fund payroll.

Smackover motors, inc is Existing or more than 2 years old

PPP Loan Search / AR / SMACKOVER / Smackover motors, inc

SMACKOVER MOTORS, INC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SMACKOVER MOTORS, INC

Borrower Address

4355 SMACKOVER HWY

Borrower City

SMACKOVER

Borrower State

AR

Borrower Zip

71762-9530

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158400.00

Current Approval Amount

158400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

4367

Servicing Lender Name

Generations Bank

Servicing Lender Address

3710 Southern Hills Blvd, Ste 100

Servicing Lender City

ROGERS

Servicing Lender State

AR

Servicing Lender Zip

72758-8093

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMACKOVER

Project County Name

UNION

Project State

AR

Project Zip

71762-9530

CD

AR-04

Jobs Reported

16

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39600.00

Payroll Proceed

118800.00

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

4367

Originating Lender

Generations Bank

Originating Lender City

ROGERS

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159447.20

Forgiveness Date

12/09/2020

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