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Grayer Electric INC

$47,703 PPP Loan in Malvern, Arkansas

Loan Details

Loan Number
5955457006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$47,703
Current Approval
$47,703
Forgiveness Amount
$48,043
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grayer Electric INC
Address
419 S. Main St
City
Malvern
State
Arkansas
ZIP Code
72104-3834
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$44,503
Rent
$2,000
Utilities
$1,200

Lender Information

Servicing Lender
The Malvern National Bank
Originating Lender
The Malvern National Bank

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