CENTRAL ARKANSAS PETROLEUM TRANSPORT, INC. (AR) - 2020 PPP Loan Borrower Profile (# 5638917009)

Updated on April 18, 2025.

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

5638917009

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$692,945

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$698,811.3

Date Loan was Forgiven

Feb 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

623,651

Rent Proceed

8,411

Health Care Proceed

60,883

Lender

The Malvern National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

454310

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.