# PPP loan: COMMUNITY BANKERS MERCHANT SERVICES
> **$229K** approved 04/07/2020 · Paid in Full · Loan `7167487002`
## Borrower
- **Name:** COMMUNITY BANKERS MERCHANT SERVICES
- **Address:** 908 S OLD MISSOURI RD, SPRINGDALE, AR, 72764-1145
- **NAICS:** 522320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $9K
- **Utilities:** $19K
- **Jobs reported:** 9
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*