PPP Loan information for Higher ground electric company

$96,071

Higher ground electric company was initially approved for PPP Loan of amount $96,071, the current approved amount is $96,071. The loan was approved on 01/20/2021 by The Riverside Bank reported 11 jobs and $96,071 was used to fund payroll.

Higher ground electric company is Existing or more than 2 years old

HIGHER GROUND ELECTRIC COMPANY

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

HIGHER GROUND ELECTRIC COMPANY

Borrower Address

2615 W 16th St

Borrower City

Little Rock

Borrower State

AR

Borrower Zip

72202-5834

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96071.00

Current Approval Amount

96071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4774

Servicing Lender Name

Riverside Bank

Servicing Lender Address

103 W Main St

Servicing Lender City

SPARKMAN

Servicing Lender State

AR

Servicing Lender Zip

71763-8960

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72202-5834

CD

AR-02

Jobs Reported

11

NAICS Code

237130

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96067.00

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

Subchapter S Corporation

Originating Lender Location Id

4774

Originating Lender

Riverside Bank

Originating Lender City

SPARKMAN

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

96534.25

Forgiveness Date

07/28/2021

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