St. Francis Area Development Center

$978,112 PPP Loan in Forrest City, Arkansas

Loan Details

Loan Number
5705957000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$978,112
Current Approval
$978,112
Forgiveness Amount
$983,900
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
St. Francis Area Development Center
Address
448 N Rosser St
ZIP Code
72335-3249
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
325
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$733,584
Rent
$244,528

Lender Information

Servicing Lender
Armor Bank
Originating Lender
Armor Bank

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