Russellville, AR — PPP Loan Data

1,142 loans · $83.2M total · 95.7% forgiven

Total Loans
1,142
Total Approved
$83.2M
Avg $72,814/loan
Loans Forgiven
1,093
95.7% forgiveness rate
Amount Forgiven
$83.0M
Jobs Reported
11,053

Russellville, Arkansas received 1,142 Paycheck Protection Program loans totaling $83.2M. The average loan in the city was $72,814 — above the national program average of approximately $67,000.

95.7% of loans in Russellville — totaling $83.0M — 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 Russellville were TRANSCO LINES INC. ($6,183,300), GRACE MANUFACTURING, INC. ($1,630,829), and LITTLE JOHN TRANSPORTATION SERVICES INC ($1,514,048).

The most active industry sector in Russellville was Personal Care Services with 74 loans worth $471,501, followed by Accommodation and Food Services (55 loans).

Applicants in Russellville reported retaining 11,053 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.

Russellville 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 Russellville

IndustryLoansTotal ApprovedForgiveness Rate
Personal Care ServicesNAICS 812174$471,50190.5%
Accommodation and Food ServicesNAICS 722555$6.7M98.2%
Building Equipment ContractorsNAICS 238245$7.1M95.6%
Offices of Other Health PractitionersNAICS 621344$2.6M97.7%
Offices of DentistsNAICS 621235$2.0M97.1%
Services to Buildings and DwellingsNAICS 561727$836,27196.3%
Religious OrganizationsNAICS 813126$2.6M100.0%
Automotive Repair and MaintenanceNAICS 811126$1.1M100.0%
Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 524226$540,49392.3%
General Freight TruckingNAICS 484126$9.2M96.2%

Largest Named Recipients in Russellville

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
TRANSCO LINES INC.General Freight Trucking$6,183,300Yes
GRACE MANUFACTURING, INC.Manufacturing$1,630,829Yes
LITTLE JOHN TRANSPORTATION SERVICES INCOther Support Activities for Transportation$1,514,048Yes
LITTLE JOHN TRANSPORTATION SERVICES INC.General Freight Trucking$1,488,195Yes
BAKER REFRIGERATION SYSTEMS INC.Building Equipment Contractors$1,170,937Yes
BAKER REFRIGERATION SYSTEMS INCBuilding Equipment Contractors$1,170,937Yes
BEACON TIRE INCMotor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers$1,125,999Yes
ORR MOTORS OF RUSSELLVILLE, INCAutomobile Dealers$1,122,500Yes
ARVAC, INC.Accommodation and Food Services$1,099,454Yes
INDUSTRIAL POWER INCBuilding Equipment Contractors$951,761Yes
INDUSTRIAL POWER, INCBuilding Equipment Contractors$951,700Yes
FRANK GRIFFIN OIL COMPANY, INC.Gasoline Stations and Fuel Dealers$838,500Yes
COGSWELL MOTORS, INC.Automobile Dealers$807,787Yes
AQUA CONTOUR CUTTING, INCManufacturing$765,100Yes
PHIL WRIGHT CHEVROLET-BUICK-GMC, CO.Automobile Dealers$752,900Yes
GOOD DEAL CHARLIE INCFurniture Retailers$741,554Yes
BLACKSTONE CONSTRUCTION LLCManufacturing$725,342Yes
AMIGO FORESTRY SERVICE, INCAgriculture, Forestry, Fishing and Hunting$704,346Yes
KIRBY SPECIALTIES CORPORATIONNonresidential Building Construction$693,300Yes
ABC CHILDREN'S ACADEMYOther Schools and Instruction$681,637Yes
ABC CHILDREN'S ACADEMY AND DEVELOPMENTAL CENTER, INCOther Schools and Instruction$681,600Yes
SOURCE LOGISTICS INCORPORATEDSpecialized Freight Trucking$681,484Yes
KIRBY SPECIALTIES CORPORATIONNonresidential Building Construction$671,266Yes
SOUTHERN STATES MILLWRIGHT REGIONAL COUNCILBusiness, Professional, Labor, Political, and Similar Organizations$662,080Yes
RUSSELLVILLE STEEL COMPANY INCManufacturing$631,822Yes

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