Carco Rentals, Inc.

$560,000 PPP Loan in Fort Smith, Arkansas

Loan Details

Loan Number
4957737006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$560,000
Current Approval
$560,000
Forgiveness Amount
$563,590
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Carco Rentals, Inc.
Address
2905 North 32nd Street
ZIP Code
72904-4202
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532120)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$420,000
Rent
$35,000
Utilities
$35,000
Mortgage Interest
$35,000
Debt Interest
$35,000

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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