CHANDRAKANTBAHI PATEL (AR) - 2020 PPP Loan Borrower Profile (# 1845228603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHANDRAKANTBAHI PATEL. 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

1845228603

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$29,165

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$29,575.71

Date Loan was Forgiven

Aug 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,165

Lender

First National Bank of Eastern Arkansas

Business Detail

Business Type

Sole Proprietorship

NAICS

721110

Borrower Location

Forrest City, AR

Project Location

Forrest City, 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.