Koontz Electric Company Incorporated

$2,000,000 PPP Loan in Morrilton, Arkansas

Loan Details

Loan Number
4060908904
Date Approved
Apr 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,007,056
Forgiveness Date
Sep 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Koontz Electric Company Incorporated
Address
1223 E Broadway St
ZIP Code
72110-3701
Business Type
Corporation
Industry (NAICS)
Manufacturing (335313)
Business Age
Existing or more than 2 years old
Jobs Reported
183
Estimated Revenue
$47.9M
Rural/Urban
Rural
Congressional District
AR-02

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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