PPP Loan information for Logan electric co. inc.

$59,800

Logan electric co. inc. was initially approved for PPP Loan of amount $59,800, the current approved amount is $59,800. The loan was approved on 04/04/2020 by The Commercial National Bank of Texarkana reported 5 jobs and $59,800 was used to fund payroll.

Logan electric co. inc. is Existing or more than 2 years old

PPP Loan Search / AR / TEXARKANA / Logan electric co. inc.

LOGAN ELECTRIC CO. INC.

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LOGAN ELECTRIC CO. INC.

Borrower Address

208 E BROAD ST

Borrower City

TEXARKANA

Borrower State

AR

Borrower Zip

71854-5904

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4803

Servicing Lender Name

Commercial National Bank of Texarkana

Servicing Lender Address

5515 Summerhill Rd

Servicing Lender City

TEXARKANA

Servicing Lender State

TX

Servicing Lender Zip

75503-1821

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEXARKANA

Project County Name

MILLER

Project State

AR

Project Zip

71854-5904

CD

AR-04

Jobs Reported

5

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59800.00

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

4803

Originating Lender

Commercial National Bank of Texarkana

Originating Lender City

TEXARKANA

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60170.43

Forgiveness Date

11/19/2020

;