# PPP loan: WEAVER-BAILEY CONTRACTORS, INC.
> **$1.06M** approved 04/07/2020 · Paid in Full · Loan `7638787006`
## Borrower
- **Name:** WEAVER-BAILEY CONTRACTORS, INC.
- **Address:** 2564 Highway 5 N, EL PASO, AR, 72045
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Rent:** $20K
- **Utilities:** $17K
- **Jobs reported:** 106
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*