PPP Loan information for The cotton farm inc

$22,618

The cotton farm inc was initially approved for PPP Loan of amount $22,618, the current approved amount is $22,618. The loan was approved on 04/28/2020 by The Southern Bancorp Bank reported 7 jobs and $22,618 was used to fund payroll.

The cotton farm inc is Existing or more than 2 years old

THE COTTON FARM INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

THE COTTON FARM INC

Borrower Address

1421 Bobby Jones Road

Borrower City

England

Borrower State

AR

Borrower Zip

72046-1296

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22617.50

Current Approval Amount

22617.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

England

Project County Name

LONOKE

Project State

AR

Project Zip

72046-1296

CD

AR-01

Jobs Reported

7

NAICS Code

111160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22617.50

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22738.95

Forgiveness Date

11/12/2020

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