ARVEL GEARING (AR) - 2020 PPP Loan Borrower Profile (# 9917868908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARVEL GEARING. 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

9917868908

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

May 12, 2021

Amount Forgiven

$20,842.18

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,800

Lender

Bank of Lake Village

Business Detail

Business Type

Sole Proprietorship

NAICS

811310

Borrower Location

Lake Village, AR

Project Location

Lake Village, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.