ADVANTAGES OF SOUTHEAST ARKANSAS INC. (AR) - 2020 PPP Loan Borrower Profile (# 2685708708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGES OF SOUTHEAST ARKANSAS 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

2685708708

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$1,239,609

Date Loan was Approved

Mar 30, 2021

Amount Forgiven

$1,246,323.55

Date Loan was Forgiven

Oct 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,239,605

Lender

Union Bank & Trust Company

Business Detail

Business Type

501(c)3 ¿ Non Profit

NAICS

624120

Borrower Location

Monticello, AR

Project Location

Monticello, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

285

Business Age Description

Existing or more than 2 years old

Data Source: SBA.