COTTON 247 FARMS (AR) - 2020 PPP Loan Borrower Profile (# 5415558606)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COTTON 247 FARMS. 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

5415558606

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$20,985

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$21,094.24

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,985

Lender

Centennial Bank

Business Detail

Business Type

Partnership

NAICS

111120

Borrower Location

Rector, AR

Project Location

Rector, 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.