BALKE RESTAURANTS INC. (AR) - 2020 PPP Loan Borrower Profile (# 5071467101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BALKE RESTAURANTS 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

5071467101

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$66,900

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$67,567.17

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,690

Payroll Proced

50,175

Rent Proceed

10,035

Lender

Southern Bancorp Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

HOT SPRINGS NATIONAL PARK, AR

Project Location

HOT SPRINGS NATIONAL PARK, 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.