Mike Morgan Farms

$43,950 PPP Loan in Rector, Arkansas

Loan Details

Loan Number
9821437003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$43,950
Current Approval
$73,629
Forgiveness Amount
$74,204
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Morgan Farms
Address
1181 County Road 553
City
Rector
ZIP Code
72461-8664
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$58,904
Mortgage Interest
$14,725

Lender Information

Servicing Lender
Piggott State Bank
Originating Lender
Piggott State Bank

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