BEST COLLISION, INC. (AR) - 2020 PPP Loan Borrower Profile (# 5111847005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEST COLLISION, 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

5111847005

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$259,800

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$261,979.43

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

32,475

Payroll Proced

194,850

Rent Proceed

32,475

Lender

Legacy National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811121

Borrower Location

BENTONVILLE, AR

Project Location

BENTONVILLE, AR

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.