Putnam Lincoln-Mercury, Inc.

$301,700 PPP Loan in Fort Smith, Arkansas

Loan Details

Loan Number
9053797002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$301,700
Current Approval
$297,000
Forgiveness Amount
$298,831
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Putnam Lincoln-Mercury, Inc.
Address
4515 Towson Avenue
ZIP Code
72901-7958
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$226,275
Rent
$25,142
Utilities
$20,442
Mortgage Interest
$25,142

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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