Fayetteville, AR — PPP Loan Data

Fayetteville, Arkansas received 3,761 Paycheck Protection Program loans totaling $275.9M. The average loan in the city was $73,365 — above the national program average of approximately $67,000.

95.8% of loans in Fayetteville — totaling $275.3M — 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 Fayetteville were MEDICAL ASSOCIATES OF NWA, P.A. ($7,258,000), RAUSCH COLEMAN DEVELOPMENT GROUP INC ($5,161,100), and KIMBEL MECHANICAL SYSTEM, INC ($4,972,000).

The most active industry sector in Fayetteville was Accommodation and Food Services with 265 loans worth $37.2M, followed by Personal Care Services (262 loans).

Applicants in Fayetteville reported retaining 33,879 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.

Fayetteville 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.