Promise Land Farms

$67,200 PPP Loan in Paragould, Arkansas

Loan Details

Loan Number
5008047101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$67,200
Current Approval
$67,200
Forgiveness Amount
$67,717
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Promise Land Farms
Address
3251 Greene 905 Rd
ZIP Code
72450
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111191)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$50,400
Utilities
$16,800

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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