CROSSNO PARCEL SERVICE, INC. (AR) - 2020 PPP Loan Borrower Profile (# 8561037010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CROSSNO PARCEL SERVICE, 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

8561037010

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$250,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$251,904.11

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,833.33

Payroll Proced

187,500

Mortgage Interest Proceed

20,833.33

Rent Proceed

20,833.34

Lender

The First National Bank of Fort Smith

Business Detail

Business Type

Corporation

NAICS

484110

Borrower Location

VAN BUREN, AR

Project Location

VAN BUREN, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.