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Edgar Electric INC

$270,800 PPP Loan in Paragould, Arkansas

Loan Details

Loan Number
4950417001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$270,800
Current Approval
$270,800
Forgiveness Amount
$273,177
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Edgar Electric INC
Address
Po Box 1541
City
Paragould
State
Arkansas
ZIP Code
72451
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$266,704
Rent
$1,000
Utilities
$1,120
Mortgage Interest
$1,976

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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