BAILEY & HOWARD - WESTERN SIZZLIN, LLC (AR) - 2020 PPP Loan Borrower Profile (# 5968807003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY & HOWARD - WESTERN SIZZLIN, 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

5968807003

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$76,550

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$57,614.45

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

61,000

Rent Proceed

5,550

Refinance EIDL Proceed

10,000

Lender

The Malvern National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

MALVERN, AR

Project Location

MALVERN, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.