ARK DOTHAN, INC (AL) - 2020 PPP Loan Borrower Profile (# 7967317006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARK DOTHAN, 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 Alabama.

Loan Detail

Loan Number

7967317006

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$72,600

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$73,090.51

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,300

Payroll Proced

58,200

Debt Interest Proceed

1,100

Lender

BankPlus

Business Detail

Business Type

Corporation

NAICS

624229

Borrower Location

DOTHAN, AL

Project Location

DOTHAN, AL

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.