PPP Loan information for Red electric

$13,487

Red electric was initially approved for PPP Loan of amount $13,487, the current approved amount is $13,487. The loan was approved on 04/30/2020 by The Centennial Bank reported 2 jobs and $13,487 was used to fund payroll.

Red electric is Existing or more than 2 years old

PPP Loan Search / AR / CABOT / Red electric

RED ELECTRIC

Date Approved

04/30/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RED ELECTRIC

Borrower Address

1815 PRIDE GAP ROAD

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13486.67

Current Approval Amount

13486.67

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CABOT

Project County Name

LONOKE

Project State

AR

Project Zip

72023-0001

CD

AR-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13486.67

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

Sole Proprietorship

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

13617.84

Forgiveness Date

04/29/2021

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