Conway, AR — PPP Loan Data
2,508 loans · $158.5M total · 92.6% forgiven
Conway, Arkansas received 2,508 Paycheck Protection Program loans totaling $158.5M. The average loan in the city was $63,178 — above the national program average of approximately $67,000.
92.6% of loans in Conway — totaling $155.5M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.
Among the largest disclosed recipients in Conway were INCITE REHAB, LLC ($5,872,831), HENDRIX COLLEGE ($4,986,100), and TOKUSEN U.S.A., INC. ($4,173,765).
The most active industry sector in Conway was Personal Care Services with 249 loans worth $3.1M, followed by Accommodation and Food Services (132 loans).
Applicants in Conway reported retaining 20,368 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.
Conway is part of Arkansas, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.
Top Industries in Conway
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Personal Care ServicesNAICS 8121 | 249 | $3.1M | 83.5% |
| Accommodation and Food ServicesNAICS 7225 | 132 | $14.0M | 98.5% |
| Services to Buildings and DwellingsNAICS 5617 | 86 | $1.7M | 77.9% |
| Offices of Other Health PractitionersNAICS 6213 | 80 | $14.7M | 98.8% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 66 | $2.1M | 90.9% |
| Offices of PhysiciansNAICS 6211 | 65 | $7.5M | 100.0% |
| Residential Building ConstructionNAICS 2361 | 65 | $1.5M | 92.3% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 56 | $1.6M | 94.6% |
| Building Equipment ContractorsNAICS 2382 | 53 | $5.1M | 100.0% |
| Automotive Repair and MaintenanceNAICS 8111 | 52 | $1.9M | 90.4% |
Largest Named Recipients in Conway
Only loans ≥ $150,000 have publicly disclosed borrower names.