PPP Loan information for Binns electric co. llc

$1,539

Binns electric co. llc was initially approved for PPP Loan of amount $1,539, the current approved amount is $1,539. The loan was approved on 03/27/2021 by The McGehee Bank reported 1 jobs and $1,539 was used to fund payroll.

Binns electric co. llc is Existing or more than 2 years old

BINNS ELECTRIC CO. LLC

Date Approved

03/27/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BINNS ELECTRIC CO. LLC

Borrower Address

4 Adcock Cir

Borrower City

McGehee

Borrower State

AR

Borrower Zip

71654-1802

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1538.95

Current Approval Amount

1538.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4549

Servicing Lender Name

McGehee Bank

Servicing Lender Address

301 N 2nd St

Servicing Lender City

MCGEHEE

Servicing Lender State

AR

Servicing Lender Zip

71654-2203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McGehee

Project County Name

DESHA

Project State

AR

Project Zip

71654-1802

CD

AR-01

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1534.95

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

Single Member LLC

Originating Lender Location Id

4549

Originating Lender

McGehee Bank

Originating Lender City

MCGEHEE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1548.52

Forgiveness Date

11/10/2021

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