BOLEK, INC. (AR) - 2020 PPP Loan Borrower Profile (# 9643937007)

Updated on April 18, 2025.

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

9643937007

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$218,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$221,869.19

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,300

Payroll Proced

185,000

Mortgage Interest Proceed

7,800

Rent Proceed

20,700

Lender

The First National Bank of Fort Smith

Business Detail

Business Type

Corporation

NAICS

441210

Borrower Location

SPRINGDALE, AR

Project Location

SPRINGDALE, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.