Food Center, Inc.

$231,935 PPP Loan in Malvern, Arkansas

Loan Details

Loan Number
7929687000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$231,935
Current Approval
$231,935
Forgiveness Amount
$233,810
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Food Center, Inc.
Address
534 Main St
ZIP Code
72104-3835
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$203,235
Utilities
$13,800
Health Care
$7,900
Debt Interest
$7,000

Lender Information

Servicing Lender
The Malvern National Bank
Originating Lender
The Malvern National Bank

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