PPP Loan information for Erc properties, inc

$359,100

Erc properties, inc was initially approved for PPP Loan of amount $359,100, the current approved amount is $359,100. The loan was approved on 04/07/2020 by The The First National Bank of Fort Smith reported 25 jobs and $359,100 was used to fund payroll.

Erc properties, inc is Existing or more than 2 years old

PPP Loan Search / AR / ROGERS / Erc properties, inc

ERC PROPERTIES, INC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ERC PROPERTIES, INC

Borrower Address

5102 S Pinnacle Hills Parkway

Borrower City

ROGERS

Borrower State

AR

Borrower Zip

72758-6021

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359100.00

Current Approval Amount

359100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

BENTON

Project State

AR

Project Zip

72758-6021

CD

AR-03

Jobs Reported

25

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

269325.00

Mortgage Interest Proceed

74775.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361303.79

Forgiveness Date

11/25/2020

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