Arkansas Northeastern Scrap Processing

$551,140 PPP Loan in Blytheville, Arkansas

Loan Details

Loan Number
5488877003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$551,140
Current Approval
$551,140
Forgiveness Amount
$554,401
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Arkansas Northeastern Scrap Processing
Address
4931 County Road 1015
ZIP Code
72315-6907
Business Type
Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$440,912
Utilities
$60,228
Debt Interest
$50,000

Lender Information

Servicing Lender
Farmers Bank and Trust Company
Originating Lender
Farmers Bank and Trust Company

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