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Skelton Electric Co. INC

$232,483 PPP Loan in Newport, Arkansas

Loan Details

Loan Number
8004637010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$232,483
Current Approval
$232,483
Forgiveness Amount
$234,530
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Skelton Electric Co. INC
Address
12 Maple Ln
City
Newport
State
Arkansas
ZIP Code
72112-9219
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.9M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$174,363
Debt Interest
$58,120

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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