# PPP loan: CONSOLIDATED ELECTRIC CO. INC. OF MCGEHEE
> **$178K** approved 02/24/2021 · Paid in Full · Loan `3752238508`
## Borrower
- **Name:** CONSOLIDATED ELECTRIC CO. INC. OF MCGEHEE
- **Address:** 711 N 1st St, McGehee, AR, 71654-2054
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $178K (100%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** McGehee Bank
- **Servicing:** McGehee Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*