DEMORROW INSTRUMENTS LTD (AR) - 2020 PPP Loan Borrower Profile (# 5876877103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DEMORROW INSTRUMENTS LTD. 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

5876877103

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$55,200

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$55,844.25

Date Loan was Forgiven

Jun 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,520

Payroll Proced

41,400

Rent Proceed

8,280

Lender

Southern Bancorp Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

339992

Borrower Location

ARKADELPHIA, AR

Project Location

ARKADELPHIA, 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.