ALBERT SIMPSON DRYWALL & PAINTING (AR) - 2020 PPP Loan Borrower Profile (# 8292827306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT SIMPSON DRYWALL & PAINTING. 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

8292827306

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$6,250

Date Loan was Approved

May 1, 2020

Amount Forgiven

$6,283.9

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,250

Lender

Commercial Bank & Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

238320

Borrower Location

MONTICELLO, AR

Project Location

MONTICELLO, 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.