PPP Loan information for Grayer electric inc

$47,703

Grayer electric inc was initially approved for PPP Loan of amount $47,703, the current approved amount is $47,703. The loan was approved on 04/06/2020 by The The Malvern National Bank reported 8 jobs and $47,703 was used to fund payroll.

Grayer electric inc is Existing or more than 2 years old

PPP Loan Search / AR / MALVERN / Grayer electric inc

GRAYER ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

GRAYER ELECTRIC INC

Borrower Address

419 S. MAIN ST

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104-3834

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47703.00

Current Approval Amount

47703.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-3834

CD

AR-04

Jobs Reported

8

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

44503.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48042.80

Forgiveness Date

12/30/2020

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