ARCO TOWERS AND CONTRACTING INC (AR) - 2020 PPP Loan Borrower Profile (# 4043128305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCO TOWERS AND CONTRACTING 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

4043128305

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$142,590

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$143,703.37

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

142,586

Lender

First National Bank

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

Jonesboro, AR

Project Location

Jonesboro, AR

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.