CENTRAL ARKANSAS PETROLEUM, INC. (AR) - 2020 PPP Loan Borrower Profile (# 5732917005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CENTRAL ARKANSAS PETROLEUM, 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

5732917005

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$276,265

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$278,603.79

Date Loan was Forgiven

Feb 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

37,381

Payroll Proced

221,013

Health Care Proceed

13,308

Debt Interest Proceed

4,563

Lender

The Malvern National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

447110

Borrower Location

MALVERN, AR

Project Location

MALVERN, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.