BAILEY PAINT CO., INC. (AR) - 2020 PPP Loan Borrower Profile (# 5038277003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY PAINT CO., 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

5038277003

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$252,600

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$255,238.27

Date Loan was Forgiven

Apr 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,800

Payroll Proced

246,800

Mortgage Interest Proceed

3,000

Lender

Simmons Bank

Business Detail

Business Type

Corporation

NAICS

238320

Borrower Location

CONWAY, AR

Project Location

CONWAY, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.