PPP Loan information for The basement llc

$245,276

The basement llc was initially approved for PPP Loan of amount $245,276, the current approved amount is $245,276. The loan was approved on 02/10/2021 by The The Farmers & Merchants Bank reported 30 jobs and $245,276 was used to fund payroll.

The basement llc is Existing or more than 2 years old

PPP Loan Search / AR / Fayetteville / The basement llc

THE BASEMENT LLC

Date Approved

02/10/2021

SBA Office Code

0669

Processing Method

PPS

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

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245276.00

Current Approval Amount

245276.00

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

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

245272.00

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

246808.14

Forgiveness Date

09/29/2021

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