AMERICAN COMPOSTING INC (AR) - 2020 PPP Loan Borrower Profile (# 4979537300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN COMPOSTING 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

4979537300

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$124,411.75

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$125,932.34

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

124,411.75

Lender

IberiaBank, A Division of First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

562212

Borrower Location

NORTH LITTLE ROCK, AR

Project Location

NORTH LITTLE ROCK, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.