501 AUTO GROUP (AR) - 2020 PPP Loan Borrower Profile (# 5715078007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 501 AUTO GROUP. 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 Arkansas.

Loan Detail

Loan Number

5715078007

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$19,568

Date Loan was Approved

Jun 29, 2020

Amount Forgiven

$19,795.21

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

19,568

Lender

Hope Enterprise Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

441120

Borrower Location

Little Rock, AR

Project Location

Little Rock, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.