Paragould, AR — PPP Loan Data
1,187 loans · $46.2M total · 96.4% forgiven
Paragould, Arkansas received 1,187 Paycheck Protection Program loans totaling $46.2M. The average loan in the city was $38,908 — below the national program average of approximately $67,000.
96.4% of loans in Paragould — totaling $45.9M — 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 Paragould were LEGACY EQUIPMENT, LLC ($1,858,400), ABILITIES UNLIMITED OF JONESBORO ($1,800,702), and GREENE ACRES NURSING HOME ASSOC., INC. ($1,250,700).
The most active industry sector in Paragould was Oilseed and Grain Farming with 113 loans worth $2.2M, followed by Personal Care Services (84 loans).
Applicants in Paragould reported retaining 6,739 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.
Paragould 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 Paragould
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Oilseed and Grain FarmingNAICS 1111 | 113 | $2.2M | 99.1% |
| Personal Care ServicesNAICS 8121 | 84 | $648,263 | 97.6% |
| Accommodation and Food ServicesNAICS 7225 | 48 | $2.5M | 100.0% |
| Offices of Other Health PractitionersNAICS 6213 | 48 | $1.0M | 100.0% |
| Building Equipment ContractorsNAICS 2382 | 43 | $2.0M | 97.7% |
| Residential Building ConstructionNAICS 2361 | 39 | $468,994 | 94.9% |
| Cattle Ranching and FarmingNAICS 1121 | 34 | $294,236 | 94.1% |
| General Freight TruckingNAICS 4841 | 33 | $1.1M | 100.0% |
| Services to Buildings and DwellingsNAICS 5617 | 32 | $659,516 | 90.6% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 32 | $353,252 | 100.0% |
Largest Named Recipients in Paragould
Only loans ≥ $150,000 have publicly disclosed borrower names.