COGSWELL MOTORS, INC. (AR) - 2020 PPP Loan Borrower Profile (# 9103497005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COGSWELL MOTORS, 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

9103497005

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$807,787

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$816,494.94

Date Loan was Forgiven

May 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

602,419

Mortgage Interest Proceed

5,376

Rent Proceed

69,000

Refinance EIDL Proceed

Health Care Proceed

43,810

Debt Interest Proceed

77,182

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Russellville, AR

Project Location

Russellville, 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.