ARTEX ELECTRIC CO. (AR) - 2020 PPP Loan Borrower Profile (# 4991727007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTEX ELECTRIC CO.. 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

4991727007

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$271,900

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$273,455.87

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

271,900

Lender

Commercial National Bank of Texarkana

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

TEXARKANA, AR

Project Location

TEXARKANA, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.