CATES AGRI TECH SERVICES INC (AR) - 2020 PPP Loan Borrower Profile (# 8957777005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CATES AGRI TECH SERVICES 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

8957777005

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$53,706.22

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$53,968.13

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,426.55

Payroll Proced

40,279.67

Lender

Armor Bank

Business Detail

Business Type

Corporation

NAICS

541620

Borrower Location

MARION, AR

Project Location

MARION, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.