Searcy, AR — PPP Loan Data

Searcy, Arkansas received 1,137 Paycheck Protection Program loans totaling $62.9M. The average loan in the city was $55,331 — above the national program average of approximately $67,000.

96.8% of loans in Searcy — totaling $62.9M — 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 Searcy were SOUTHERN PIPELINE CONSTRUCTION COMPANY, INC. ($5,356,615), B & G PIPELINE COMPANY ($2,991,600), and SOUTHERN PIPELINE CONSTRUCTION CO INC ($1,920,000).

The most active industry sector in Searcy was Personal Care Services with 76 loans worth $716,558, followed by Accommodation and Food Services (58 loans).

Applicants in Searcy reported retaining 8,266 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.

Searcy 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.