PPP Loan information for Southwest arkansas community development corporation inc.

Date Approved

04/30/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SOUTHWEST ARKANSAS COMMUNITY DEVELOPMENT CORPORATION INC.

Borrower Address

236 Fairview

Borrower City

Magnolia

Borrower State

AR

Borrower Zip

71753-3821

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37395.00

Current Approval Amount

37395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Magnolia

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-3821

CD

AR-04

Jobs Reported

9

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

37392.00

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

501(c)3 – Non Profit

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

37659.33

Forgiveness Date

01/19/2022