PPP Loan information for South central arkansas electric cooperative, inc.

$644,500

South central arkansas electric cooperative, inc. was initially approved for PPP Loan of amount $644,500, the current approved amount is $644,500. The loan was approved on 05/15/2020 by The Southern Bancorp Bank reported 29 jobs and $644,500 was used to fund payroll.

South central arkansas electric cooperative, inc. is Unanswered

PPP Loan Search / AR / ARKADELPHIA / South central arkansas electric cooperative, inc.

SOUTH CENTRAL ARKANSAS ELECTRIC COOPERATIVE, INC.

Date Approved

05/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOUTH CENTRAL ARKANSAS ELECTRIC COOPERATIVE, INC.

Borrower Address

4818 HIGHWAY 8 WEST

Borrower City

ARKADELPHIA

Borrower State

AR

Borrower Zip

71923-7169

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

644500.00

Current Approval Amount

644500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ARKADELPHIA

Project County Name

CLARK

Project State

AR

Project Zip

71923-7169

CD

AR-04

Jobs Reported

29

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64450.00

Payroll Proceed

483375.00

Mortgage Interest Proceed

0.00

Rent Proceed

96675.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

649691.32

Forgiveness Date

03/09/2021

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