ASPHALT PRODUCERS, LLC (AR) - 2020 PPP Loan Borrower Profile (# 5844917010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASPHALT PRODUCERS, LLC. 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

5844917010

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$748,100

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$755,643.34

Date Loan was Forgiven

Apr 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

29,400

Payroll Proced

689,400

Mortgage Interest Proceed

19,200

Rent Proceed

10,100

Lender

Simmons Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237310

Borrower Location

JONESBORO, AR

Project Location

JONESBORO, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

131

Business Age Description

Existing or more than 2 years old

Data Source: SBA.