PPP Loan information for Chief electric company

$84,912

Chief electric company was initially approved for PPP Loan of amount $84,912, the current approved amount is $84,912. The loan was approved on 03/20/2021 by The First Horizon Bank reported 5 jobs and $84,912 was used to fund payroll.

Chief electric company is Existing or more than 2 years old

CHIEF ELECTRIC COMPANY

Date Approved

03/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

CHIEF ELECTRIC COMPANY

Borrower Address

363 Military Rd

Borrower City

Marion

Borrower State

AR

Borrower Zip

72364-1750

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84912.00

Current Approval Amount

84912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72364-1750

CD

AR-01

Jobs Reported

5

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84907.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85388.45

Forgiveness Date

10/25/2021

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