CENTRAL ARKANSAS TOOL SUPPLY IN (AR) - 2020 PPP Loan Borrower Profile (# 5856198306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CENTRAL ARKANSAS TOOL SUPPLY IN. 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

5856198306

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$71,092

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$71,795.02

Date Loan was Forgiven

Jan 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

71,090

Lender

First Arkansas Bank and Trust

Business Detail

Business Type

Corporation

NAICS

444130

Borrower Location

Quitman, AR

Project Location

Quitman, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.