ALTERNATIVE DESIGN (AR) - 2020 PPP Loan Borrower Profile (# 5465617003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE DESIGN. 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

5465617003

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$683,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$688,632.41

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

683,000

Lender

Grand Savings Bank

Business Detail

Business Type

Corporation

NAICS

339920

Borrower Location

SILOAM SPRINGS, AR

Project Location

SILOAM SPRINGS, AR

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.