PPP Loan information for The basement, llc

$175,200

The basement, llc was initially approved for PPP Loan of amount $175,200, the current approved amount is $175,200. The loan was approved on 04/10/2020 by The The Farmers & Merchants Bank reported 35 jobs and $175,200 was used to fund payroll.

The basement, llc is Existing or more than 2 years old

THE BASEMENT, LLC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

THE BASEMENT, LLC

Borrower Address

25 1/2 N BLOCK AVE

Borrower City

FAYETTEVILLE

Borrower State

AR

Borrower Zip

72701-6018

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175200.00

Current Approval Amount

175200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72701-6018

CD

AR-03

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

176683.20

Forgiveness Date

02/18/2021

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