BENJAMIN WALLACE (AR) - 2020 PPP Loan Borrower Profile (# 7871019008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BENJAMIN WALLACE. 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
7871019008
SBA Office Code
0669
Processing Method
PPS
Curent Loan Amount
$20,833
Date Loan was Approved
May 26, 2021
Amount Forgiven
$21,226.51
Date Loan was Forgiven
Apr 10, 2023
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,829
Lender
People Trust

Business Detail

Business Type
Sole Proprietorship
NAICS
551112
Borrower Location
Maumelle, AR
Project Location
Maumelle, AR
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.