# PPP loan: BEMCO INC
> **$225K** approved 03/12/2021 · Paid in Full · Loan `1044598609`
## Borrower
- **Name:** BEMCO INC
- **Address:** 233 Main St, Centerton, AR, 72719-9485
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Legacy National Bank
- **Servicing:** Legacy National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*