ACDC ELECTRICAL CONTRACTING COMPANY INC (AR) - 2020 PPP Loan Borrower Profile (# 9391897000)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACDC ELECTRICAL CONTRACTING COMPANY 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
9391897000
SBA Office Code
0669
Processing Method
PPP
Curent Loan Amount
$174,500
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$175,886.44
Date Loan was Forgiven
Feb 2, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
14,542
Payroll Proced
130,875
Mortgage Interest Proceed
14,542
Rent Proceed
14,541
Lender
Citizens Bank & Trust Co.
Business Detail
Business Type
Corporation
NAICS
237130
Borrower Location
FORT SMITH, AR
Project Location
FORT SMITH, AR
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.