ALEXANDERS MACHINE SHOP INC (AR) - 2020 PPP Loan Borrower Profile (# 8616798303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEXANDERS MACHINE SHOP 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

8616798303

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$287,500

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$288,760.27

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

287,497

Lender

Centennial Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

Jonesboro, AR

Project Location

Jonesboro, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.