PPP Loan information for West memphis wellness llc

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

WEST MEMPHIS WELLNESS LLC

Borrower Address

800 West Broadway

Borrower City

West Memphis

Borrower State

AR

Borrower Zip

72301

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588900.00

Current Approval Amount

588900.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

West Memphis

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-1600

CD

AR-01

Jobs Reported

111

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

588900.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594869.67

Forgiveness Date

05/19/2021