PPP Loan information for R&w electric, inc

$106,500

R&w electric, inc was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/04/2020 by The Commercial National Bank of Texarkana reported 13 jobs and $106,500 was used to fund payroll.

R&w electric, inc is Existing or more than 2 years old

PPP Loan Search / AR / TEXARKANA / R&w electric, inc

R&W ELECTRIC, INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

R&W ELECTRIC, INC

Borrower Address

3100 E 19TH ST

Borrower City

TEXARKANA

Borrower State

AR

Borrower Zip

71854-4834

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106500.00

Current Approval Amount

106500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEXARKANA

Project County Name

MILLER

Project State

AR

Project Zip

71854-4834

CD

AR-04

Jobs Reported

13

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106500.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107180.42

Forgiveness Date

11/27/2020

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