PPP Loan information for Custom electronics inc

$257,400

Custom electronics inc was initially approved for PPP Loan of amount $257,400, the current approved amount is $257,400. The loan was approved on 04/06/2020 by The Legacy National Bank reported 36 jobs and $257,400 was used to fund payroll.

Custom electronics inc is Existing or more than 2 years old

CUSTOM ELECTRONICS INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CUSTOM ELECTRONICS INC

Borrower Address

304 APPLE BLOSSOM AVE

Borrower City

LOWELL

Borrower State

AR

Borrower Zip

72745-8874

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257400.00

Current Approval Amount

257400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434010

Servicing Lender Name

Legacy National Bank

Servicing Lender Address

4055 W Sunset Ave

Servicing Lender City

SPRINGDALE

Servicing Lender State

AR

Servicing Lender Zip

72762-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

BENTON

Project State

AR

Project Zip

72745-8874

CD

AR-03

Jobs Reported

36

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257400.00

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

434010

Originating Lender

Legacy National Bank

Originating Lender City

SPRINGDALE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258830.00

Forgiveness Date

11/03/2020

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