PPP Loan information for Hughes electric co. inc

$78,330

Hughes electric co. inc was initially approved for PPP Loan of amount $78,330, the current approved amount is $78,330. The loan was approved on 04/28/2020 by The Cadence Bank reported 7 jobs and $78,330 was used to fund payroll.

Hughes electric co. inc is New Business or 2 years or less

PPP Loan Search / AR / FORT SMITH / Hughes electric co. inc

HUGHES ELECTRIC CO. INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HUGHES ELECTRIC CO. INC

Borrower Address

814 RALEIGH ST

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78330.00

Current Approval Amount

78330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-0001

CD

AR-03

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78330.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79071.96

Forgiveness Date

04/08/2021

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