CARCO RENTALS, INC. (AR) - 2020 PPP Loan Borrower Profile (# 4957737006)

Updated on April 18, 2025.

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

4957737006

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$560,000

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$563,590.14

Date Loan was Forgiven

Dec 7, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

35,000

Payroll Proced

420,000

Mortgage Interest Proceed

35,000

Rent Proceed

35,000

Debt Interest Proceed

35,000

Lender

The First National Bank of Fort Smith

Business Detail

Business Type

Subchapter S Corporation

NAICS

532120

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.