ABLE ELECTRIC INC (AR) - 2020 PPP Loan Borrower Profile (# 4658228503)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABLE ELECTRIC INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Arkansas.
Loan Detail
Loan Number
4658228503
SBA Office Code
0669
Processing Method
PPS
Curent Loan Amount
$132,500
Date Loan was Approved
Feb 26, 2021
Amount Forgiven
$132,986.44
Date Loan was Forgiven
Jul 23, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
132,494
Lender
Centennial Bank
Business Detail
Business Type
Corporation
NAICS
238210
Borrower Location
Springdale, AR
Project Location
Springdale, AR
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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