ALEXANDER'S MACHINE SHOP, INC. (AR) - 2020 PPP Loan Borrower Profile (# 8872997100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEXANDER'S 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

8872997100

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$339,890.2

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$342,255.46

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

339,890.2

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.