CHICOT MEMORIAL MEDICAL CENTER (AR) - 2020 PPP Loan Borrower Profile (# 7505548410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHICOT MEMORIAL MEDICAL CENTER. 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

7505548410

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$1,979,500

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$1,996,041.03

Date Loan was Forgiven

Dec 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,979,496

Lender

The Jefferson Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

622110

Borrower Location

Lake Village, AR

Project Location

Lake Village, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

196

Business Age Description

Existing or more than 2 years old

Data Source: SBA.