PPP Loan information for Richards electrical contracting inc

$50,260

Richards electrical contracting inc was initially approved for PPP Loan of amount $50,260, the current approved amount is $50,260. The loan was approved on 04/29/2020 by The First Horizon Bank reported 6 jobs and $50,260 was used to fund payroll.

Richards electrical contracting inc is Existing or more than 2 years old

RICHARDS ELECTRICAL CONTRACTING INC

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RICHARDS ELECTRICAL CONTRACTING INC

Borrower Address

8826 E PLENTYWOOD RD

Borrower City

BENTONVILLE

Borrower State

AR

Borrower Zip

72712

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50260.00

Current Approval Amount

50260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENTONVILLE

Project County Name

BENTON

Project State

AR

Project Zip

72712-0001

CD

AR-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50260.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50872.89

Forgiveness Date

07/20/2021

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