CAVENAUGH FORD CO. (AR) - 2020 PPP Loan Borrower Profile (# 8977117003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CAVENAUGH FORD CO.. 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

8977117003

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$1,702,900

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,722,436.05

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,344,400

Rent Proceed

358,500

Lender

Simmons Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

WALNUT RIDGE, AR

Project Location

WALNUT RIDGE, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

193

Business Age Description

Unanswered

Data Source: SBA.