ARMSTRONG DEVELOPMENTS (AR) - 2020 PPP Loan Borrower Profile (# 1983398007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMSTRONG DEVELOPMENTS. 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

1983398007

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$14,582.5

Date Loan was Approved

Jun 23, 2020

Amount Forgiven

$14,749.9

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

14,582.5

Lender

Arkansas Capital Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

541618

Borrower Location

HOT SPRINGS NATIONAL PARK, AR

Project Location

HOT SPRINGS NATIONAL PARK, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.