# PPP loan: TIM SPEAKES ELECTRIC AND CONSTRUCTION LLC
> **$230K** approved 04/06/2020 · Paid in Full · Loan `5941667009`
## Borrower
- **Name:** TIM SPEAKES ELECTRIC AND CONSTRUCTION LLC
- **Address:** 2700 HIGHWAY 230, BROOKLAND, AR, 72417-8535
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $57K
- **Jobs reported:** 24
## Lender
- **Originating:** Armor Bank
- **Servicing:** Armor Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*