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Erc Properties, INC

$359,100 PPP Loan in Rogers, Arkansas

Loan Details

Loan Number
6891577001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$359,100
Current Approval
$359,100
Forgiveness Amount
$361,304
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Erc Properties, INC
Address
5102 S Pinnacle Hills Parkway
City
Rogers
State
Arkansas
ZIP Code
72758-6021
Business Type
Corporation
Industry (NAICS)
Construction (236116)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$269,325
Utilities
$15,000
Mortgage Interest
$74,775

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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