PPP Loan information for Able electric inc

$132,500

Able electric inc was initially approved for PPP Loan of amount $132,500, the current approved amount is $132,500. The loan was approved on 02/26/2021 by The Centennial Bank reported 13 jobs and $132,500 was used to fund payroll.

Able electric inc is Existing or more than 2 years old

ABLE ELECTRIC INC

Date Approved

02/26/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

ABLE ELECTRIC INC

Borrower Address

4400 Catherine St

Borrower City

Springdale

Borrower State

AR

Borrower Zip

72764-7964

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132500.00

Current Approval Amount

132500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springdale

Project County Name

BENTON

Project State

AR

Project Zip

72764-7964

CD

AR-03

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

132494.00

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132986.44

Forgiveness Date

07/23/2021

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