PPP Loan information for Lock-wood electric inc.

$360,200

Lock-wood electric inc. was initially approved for PPP Loan of amount $360,200, the current approved amount is $360,200. The loan was approved on 03/24/2021 by The First Security Bank reported 35 jobs and $360,200 was used to fund payroll.

Lock-wood electric inc. is Existing or more than 2 years old

LOCK-WOOD ELECTRIC INC.

Date Approved

03/24/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

LOCK-WOOD ELECTRIC INC.

Borrower Address

511 3rd Ave

Borrower City

Conway

Borrower State

AR

Borrower Zip

72032-5816

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

360200.00

Current Approval Amount

360200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conway

Project County Name

FAULKNER

Project State

AR

Project Zip

72032-5816

CD

AR-02

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

360196.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362781.43

Forgiveness Date

12/09/2021

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