PPP Loan information for Craighead electric cooperative cooperation

$2,022,900

Craighead electric cooperative cooperation was initially approved for PPP Loan of amount $2,022,900, the current approved amount is $2,022,900. The loan was approved on 04/07/2020 by The First National Bank reported 109 jobs and $2,022,900 was used to fund payroll.

Craighead electric cooperative cooperation is Existing or more than 2 years old

PPP Loan Search / AR / Jonesboro / Craighead electric cooperative cooperation

CRAIGHEAD ELECTRIC COOPERATIVE COOPERATION

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CRAIGHEAD ELECTRIC COOPERATIVE COOPERATION

Borrower Address

4314 Stadium Blvd.

Borrower City

Jonesboro

Borrower State

AR

Borrower Zip

72404

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2022900.00

Current Approval Amount

2022900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72404-0001

CD

AR-01

Jobs Reported

109

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2022900.00

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2046565.16

Forgiveness Date

06/16/2021

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