71B AUCTION INC (AR) - 2020 PPP Loan Borrower Profile (# 4254048305)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 71B AUCTION INC. 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
4254048305
SBA Office Code
0669
Processing Method
PPS
Curent Loan Amount
$430,560
Date Loan was Approved
Jan 23, 2021
Amount Forgiven
$434,578.56
Date Loan was Forgiven
Dec 29, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
430,554
Lender
Arvest Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
425120
Borrower Location
Springdale, AR
Project Location
Springdale, AR
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
38
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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