PPP Loan information for South arkansas business solutions, inc.

$224,000

South arkansas business solutions, inc. was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/04/2020 by The Relyance Bank reported 21 jobs and $224,000 was used to fund payroll.

South arkansas business solutions, inc. is Existing or more than 2 years old

SOUTH ARKANSAS BUSINESS SOLUTIONS, INC.

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTH ARKANSAS BUSINESS SOLUTIONS, INC.

Borrower Address

3801 Camden Road, Suite 23

Borrower City

PINE BLUFF

Borrower State

AR

Borrower Zip

71603-9014

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4672

Servicing Lender Name

Relyance Bank

Servicing Lender Address

8500 Sheridan Rd

Servicing Lender City

White Hall

Servicing Lender State

AR

Servicing Lender Zip

71602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINE BLUFF

Project County Name

JEFFERSON

Project State

AR

Project Zip

71603-9014

CD

AR-04

Jobs Reported

21

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224000.00

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

4672

Originating Lender

Relyance Bank

Originating Lender City

White Hall

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225294.22

Forgiveness Date

11/03/2020

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