PPP Loan information for Koontz electric company incorporated

$2,000,000

Koontz electric company incorporated was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/28/2021 by The Simmons Bank reported 183 jobs and $2,000,000 was used to fund payroll.

Koontz electric company incorporated is Existing or more than 2 years old

PPP Loan Search / AR / Morrilton / Koontz electric company incorporated

KOONTZ ELECTRIC COMPANY INCORPORATED

Date Approved

04/28/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

KOONTZ ELECTRIC COMPANY INCORPORATED

Borrower Address

1223 E Broadway St

Borrower City

Morrilton

Borrower State

AR

Borrower Zip

72110-3701

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrilton

Project County Name

CONWAY

Project State

AR

Project Zip

72110-3701

CD

AR-02

Jobs Reported

183

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007055.56

Forgiveness Date

09/20/2021

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