ARK ELECTRIC, LLC (IA) - 2020 PPP Loan Borrower Profile (# 4620987103)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ARK ELECTRIC, LLC. 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 Iowa.
Loan Detail
Loan Number
4620987103
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$6,500
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$6,530.88
Date Loan was Forgiven
Oct 13, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
251
Payroll Proced
5,304
Mortgage Interest Proceed
790
Debt Interest Proceed
155
Lender
Heritage Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
238210
Borrower Location
DELHI, IA
Project Location
DELHI, IA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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