DEV HOSPITALITY, INC. (AR) - 2020 PPP Loan Borrower Profile (# 6937797200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DEV HOSPITALITY, 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

6937797200

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$32,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$32,715

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

32,500

Lender

The Farmers & Merchants Bank

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

Morrilton, AR

Project Location

Morrilton, 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.