PPP Loan information for X electric supply llc

$52,450

X electric supply llc was initially approved for PPP Loan of amount $52,450, the current approved amount is $52,450. The loan was approved on 03/03/2021 by The First Horizon Bank reported 3 jobs and $52,450 was used to fund payroll.

X electric supply llc is Existing or more than 2 years old

X ELECTRIC SUPPLY LLC

Date Approved

03/03/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

X ELECTRIC SUPPLY LLC

Borrower Address

508 Grant Dr

Borrower City

Bryant

Borrower State

AR

Borrower Zip

72022-8369

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52450.00

Current Approval Amount

52450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bryant

Project County Name

SALINE

Project State

AR

Project Zip

72022-8369

CD

AR-02

Jobs Reported

3

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52445.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40104.24

Forgiveness Date

05/26/2022

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