BESTWAY CLEANERS, INC. (AR) - 2020 PPP Loan Borrower Profile (# 8080907206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BESTWAY CLEANERS, 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

8080907206

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$15,800

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$15,961.46

Date Loan was Forgiven

May 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,580

Payroll Proced

11,850

Rent Proceed

2,370

Lender

Southern Bancorp Bank

Business Detail

Business Type

Corporation

NAICS

812320

Borrower Location

BLYTHEVILLE, AR

Project Location

BLYTHEVILLE, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.