PPP Loan information for Weathers electric inc

$17,100

Weathers electric inc was initially approved for PPP Loan of amount $17,100, the current approved amount is $17,100. The loan was approved on 04/09/2020 by The First Security Bank reported 3 jobs and $17,100 was used to fund payroll.

Weathers electric inc is Existing or more than 2 years old

WEATHERS ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

WEATHERS ELECTRIC INC

Borrower Address

3001 MOUNT TABOR RD

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023-9597

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17100.00

Current Approval Amount

17100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

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

72023-9597

CD

AR-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17100.00

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

Subchapter S Corporation

Originating Lender Location Id

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17211.62

Forgiveness Date

12/02/2020

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