ARKOTEX, INC. (AR) - 2020 PPP Loan Borrower Profile (# 6684467109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARKOTEX, 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

6684467109

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$1,020,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$1,029,095

Date Loan was Forgiven

Mar 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

127,500

Payroll Proced

765,000

Mortgage Interest Proceed

127,500

Lender

Generations Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

425120

Borrower Location

SILOAM SPRINGS, AR

Project Location

SILOAM SPRINGS, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.