PPP Loan information for Arkotex, inc.

$1,020,000

Arkotex, inc. was initially approved for PPP Loan of amount $1,020,000, the current approved amount is $1,020,000. The loan was approved on 04/14/2020 by The Generations Bank reported 84 jobs and $1,020,000 was used to fund payroll.

Arkotex, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SILOAM SPRINGS / Arkotex, inc.

ARKOTEX, INC.

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARKOTEX, INC.

Borrower Address

20811 ARKOTEX RD

Borrower City

SILOAM SPRINGS

Borrower State

AR

Borrower Zip

72761-9107

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020000.00

Current Approval Amount

1020000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4367

Servicing Lender Name

Generations Bank

Servicing Lender Address

3710 Southern Hills Blvd, Ste 100

Servicing Lender City

ROGERS

Servicing Lender State

AR

Servicing Lender Zip

72758-8093

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILOAM SPRINGS

Project County Name

BENTON

Project State

AR

Project Zip

72761-9107

CD

AR-03

Jobs Reported

84

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

127500.00

Payroll Proceed

765000.00

Mortgage Interest Proceed

127500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4367

Originating Lender

Generations Bank

Originating Lender City

ROGERS

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1029095.00

Forgiveness Date

03/09/2021

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