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South 7 - 11 Partnership

$51,700 PPP Loan in Newport, Arkansas

Loan Details

Loan Number
1062287302
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$51,700
Current Approval
$51,700
Forgiveness Amount
$52,336
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South 7 - 11 Partnership
Address
1216 Highland Dr
City
Newport
State
Arkansas
ZIP Code
72112-2630
Business Type
Partnership
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$38,775
Rent
$6,462
Utilities
$6,463

Lender Information

Servicing Lender
Merchants & Planters Bank
Originating Lender
Merchants & Planters Bank

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