ABLE AUTO SALES LLC (AR) - 2020 PPP Loan Borrower Profile (# 5054608710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE AUTO SALES LLC. 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

5054608710

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$6,458

Date Loan was Approved

Apr 2, 2021

Amount Forgiven

$6,479.59

Date Loan was Forgiven

Aug 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

6,454

Lender

Texana Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

Texarkana, AR

Project Location

Texarkana, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.