PPP Loan information for South 711 partnership

$53,700

South 711 partnership was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/13/2021 by The Merchants & Planters Bank reported 9 jobs and $53,700 was used to fund payroll.

South 711 partnership is Existing or more than 2 years old

SOUTH 711 PARTNERSHIP

Date Approved

04/13/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SOUTH 711 PARTNERSHIP

Borrower Address

1216 Highland Dr

Borrower City

Newport

Borrower State

AR

Borrower Zip

72112-2630

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

JACKSON

Project State

AR

Project Zip

72112-2630

CD

AR-01

Jobs Reported

9

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

53698.00

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

Partnership

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54001.60

Forgiveness Date

11/15/2021

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