South Central Arkansas Electric Cooperative, Inc.
$644,500 PPP Loan in Arkadelphia, Arkansas
Loan Details
- Loan Number
- 6770707410
- Date Approved
- May 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $644,500
- Current Approval
- $644,500
- Forgiveness Amount
- $649,691
- Forgiveness Date
- Mar 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- South Central Arkansas Electric Cooperative, Inc.
- Address
- 4818 Highway 8 West
- City
- Arkadelphia
- State
- Arkansas
- ZIP Code
- 71923-7169
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221121)
- Business Age
- Unanswered
- Jobs Reported
- 29
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- AR-04
Loan Use Breakdown
- Payroll
- $483,375
- Rent
- $96,675
- Utilities
- $64,450
Lender Information
- Servicing Lender
- Southern Bancorp Bank
- Originating Lender
- Southern Bancorp Bank
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