ADVANCED WELDING INC (AR) - 2020 PPP Loan Borrower Profile (# 5597538404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED WELDING 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
5597538404
SBA Office Code
0669
Processing Method
PPS
Curent Loan Amount
$139,671.52
Date Loan was Approved
Feb 9, 2021
Amount Forgiven
$140,302.91
Date Loan was Forgiven
Aug 3, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
139,668.52
Lender
The First National Bank of Fort Smith

Business Detail

Business Type
Corporation
NAICS
238990
Borrower Location
Rudy, AR
Project Location
Rudy, AR
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.