B & C TIRE INC. (AR) - 2020 PPP Loan Borrower Profile (# 2825387301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & C TIRE 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

2825387301

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$19,800

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$19,932.36

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,475

Payroll Proced

14,850

Rent Proceed

2,475

Lender

Merchants & Planters Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441320

Borrower Location

NEWPORT, AR

Project Location

NEWPORT, 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.