Fort smith, AR — PPP Loan Data

Fort smith, Arkansas received 2,898 Paycheck Protection Program loans totaling $232.4M. The average loan in the city was $80,191 — above the national program average of approximately $67,000.

93.8% of loans in Fort smith — totaling $230.9M — 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 Fort smith were ARKANSAS FOUNDATION FOR MEDICAL CARE, INC. ($3,630,230), WELDON, WILLIAMS & LICK INC ($3,573,700), and STEIN ANCILLARY SERVICES, LLC ($3,449,000).

The most active industry sector in Fort smith was Personal Care Services with 199 loans worth $1.8M, followed by Accommodation and Food Services (160 loans).

Applicants in Fort smith reported retaining 29,727 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.

Fort smith 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.