CROSSETT HEALTH FOUNDATION (AR) - 2020 PPP Loan Borrower Profile (# 1962597100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CROSSETT HEALTH FOUNDATION. 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

1962597100

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$3,238,800

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$3,276,068.38

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

323,880

Payroll Proced

2,429,100

Mortgage Interest Proceed

485,820

Lender

Southern Bancorp Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

622110

Borrower Location

CROSSETT, AR

Project Location

CROSSETT, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

434

Business Age Description

Existing or more than 2 years old

Data Source: SBA.