BAILEY FAMILY AUTO SALES L.L.C. (AR) - 2020 PPP Loan Borrower Profile (# 1252257109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY FAMILY AUTO SALES L.L.C.. 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

1252257109

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$21,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$21,103.83

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

21,000

Lender

Arvest Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

LINCOLN, AR

Project Location

LINCOLN, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.