CANNON PALLET, LLC (AR) - 2020 PPP Loan Borrower Profile (# 3197207100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CANNON PALLET, LLC. 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

3197207100

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$33,800

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$34,024.1

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,816

Payroll Proced

25,350

Mortgage Interest Proceed

2,816

Rent Proceed

2,818

Lender

The First National Bank of Fort Smith

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

321920

Borrower Location

FORT SMITH, AR

Project Location

FORT SMITH, 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.