# PPP loan: AREA AGENCY ON AGING OF WEST CENTRAL ARKANSAS, INC
> **$1.14M** approved 04/09/2020 · Paid in Full · Loan `9242697006`
## Borrower
- **Name:** AREA AGENCY ON AGING OF WEST CENTRAL ARKANSAS, INC
- **Address:** 905 West GRAND AVE, HOT SPRINGS NATIONAL PARK, AR, 71913-3438
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $11K
- **Utilities:** $11K
- **Jobs reported:** 318
## Lender
- **Originating:** The Malvern National Bank
- **Servicing:** The Malvern National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*