# PPP loan: ARKANSAS ELECTRIC SERVICE AND CONTRACTING
> **$170K** approved 01/20/2021 · Paid in Full · Loan `1915218302`
## Borrower
- **Name:** ARKANSAS ELECTRIC SERVICE AND CONTRACTING
- **Address:** 1421 E 9th St, Little Rock, AR, 72202-4217
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Bank3
- **Servicing:** Bank3 (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*