PPP Loan information for K & l electronics sales and service, inc.

$175,000

K & l electronics sales and service, inc. was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/27/2020 by The First Security Bank reported 18 jobs and $175,000 was used to fund payroll.

K & l electronics sales and service, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / K & l electronics sales and service, inc.

K & L ELECTRONICS SALES AND SERVICE, INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

K & L ELECTRONICS SALES AND SERVICE, INC.

Borrower Address

1801 S BENTON ST

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-6907

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-6907

CD

AR-02

Jobs Reported

18

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

176506.94

Forgiveness Date

03/11/2021

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