Bates Electric INC

$1,624,734 PPP Loan in Arnold, Missouri

Loan Details

Loan Number
7686777008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,624,734
Current Approval
$1,624,734
Forgiveness Amount
$1,638,995
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bates Electric INC
Address
2006 Sierra Parkway
City
Arnold
ZIP Code
63010-5108
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$44.7M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$1,218,550
Rent
$406,183

Lender Information

Servicing Lender
Carrollton Bank
Originating Lender
Carrollton Bank

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