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Morrison Electric INC

$12,500 PPP Loan in Rudy, Arkansas

Loan Details

Loan Number
8246807310
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$12,500
Current Approval
$12,500
Forgiveness Amount
$12,555
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morrison Electric INC
Address
8223 Old 81 Loop
City
Rudy
State
Arkansas
ZIP Code
72952
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-03

Loan Use Breakdown

Payroll
$9,375
Rent
$1,041
Utilities
$1,042
Mortgage Interest
$1,042

Lender Information

Servicing Lender
Citizens Bank & Trust Co.
Originating Lender
Citizens Bank & Trust Co.

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