PPP Loan information for J&r electric company inc.

$367,045

J&r electric company inc. was initially approved for PPP Loan of amount $367,045, the current approved amount is $367,045. The loan was approved on 04/08/2020 by The Centennial Bank reported 45 jobs and $367,045 was used to fund payroll.

J&r electric company inc. is Existing or more than 2 years old

J&R ELECTRIC COMPANY INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

J&R ELECTRIC COMPANY INC.

Borrower Address

500 JEAN MARY DRIVE

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72762

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367045.37

Current Approval Amount

367045.37

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

WASHINGTON

Project State

AR

Project Zip

72762-0100

CD

AR-03

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367045.37

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370564.98

Forgiveness Date

03/31/2021

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