Gravette, AR — PPP Loan Data
221 loans · $16.4M total · 96.4% forgiven
Gravette, Arkansas received 221 Paycheck Protection Program loans totaling $16.4M. The average loan in the city was $74,033 — above the national program average of approximately $67,000.
96.4% of loans in Gravette — totaling $16.4M — 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 Gravette were SGOH ACQUISITION, INC ($7,043,400), R&R PACKAGING, INC. ($1,771,000), and R&R PACKAGING INC. ($1,516,712).
The most active industry sector in Gravette was Cattle Ranching and Farming with 54 loans worth $696,995, followed by Poultry and Egg Production (18 loans).
Applicants in Gravette reported retaining 1,623 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.
Gravette 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 Gravette
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Cattle Ranching and FarmingNAICS 1121 | 54 | $696,995 | 100.0% |
| Poultry and Egg ProductionNAICS 1123 | 18 | $310,986 | 100.0% |
| Building Equipment ContractorsNAICS 2382 | 9 | $295,330 | 88.9% |
| Personal Care ServicesNAICS 8121 | 8 | $197,018 | 100.0% |
| General Freight TruckingNAICS 4841 | 7 | $112,766 | 100.0% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 6 | $38,002 | 100.0% |
| Other Specialty Trade ContractorsNAICS 2389 | 6 | $49,667 | 83.3% |
| Automotive Repair and MaintenanceNAICS 8111 | 5 | $8,322 | 80.0% |
| Residential Building ConstructionNAICS 2361 | 5 | $96,838 | 100.0% |
| Religious OrganizationsNAICS 8131 | 4 | $40,500 | 100.0% |
Largest Named Recipients in Gravette
Only loans ≥ $150,000 have publicly disclosed borrower names.