ADVANCED WELDING INC (AR) - 2020 PPP Loan Borrower Profile (# 5744037009)

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

5744037009

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$146,300

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$147,362.18

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

36,575

Payroll Proced

109,725

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

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.