PPP Loan Data: Arkansas
Paycheck Protection Program statistics for Arkansas. 85,462 loans disbursed, 3,589 unforgiven and potentially subject to enforcement.
Standard Enforcement Risk0.7% of national total
Avg: $84,247 per loan
$302M outstanding
95.8% forgiveness rate
PPP Program Overview: Arkansas
Between April 2020 and May 2021, the U.S. Small Business Administration disbursed 85,462 Paycheck Protection Program loans in Arkansas, totaling $7.2B. These loans supported approximately 712K jobs across the state during the COVID-19 pandemic.
Of these loans, 81,873 (95.8%) were fully forgiven. However, 3,589 loans totaling $302M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.
This state has standard-level PPP enforcement activity.
Enforcement Risk in Arkansas
Arkansas has standard-level PPP enforcement activity. While enforcement is less concentrated here than in major metropolitan states, the DOJ PPP Strike Force operates nationally. Any borrower with an unforgiven loan or application discrepancies remains at risk regardless of geographic location.
The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against Arkansas borrowers for several more years. The 3,589 unforgiven loans in Arkansas represent the most immediate enforcement targets.
Arkansas vs. National Average
Frequently Asked Questions: PPP in Arkansas
How many PPP loans were issued in Arkansas?
Arkansas received 85,462 PPP loans totaling $7.2B between April 2020 and May 2021. The average loan size was $84,247, supporting approximately 712K jobs.
How many PPP loans in Arkansas were not forgiven?
Approximately 3,589 PPP loans in Arkansas (4.2% of total) were not forgiven, representing $302M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.
What is the PPP audit risk level in Arkansas?
Arkansas is classified as "Standard" enforcement risk. This state has standard-level PPP enforcement activity. Borrowers in Arkansas with unforgiven loans or discrepancies in their applications should be aware of ongoing DOJ and SBA OIG enforcement activity.
Can I still face a PPP audit in Arkansas in 2026?
Yes. The False Claims Act has a 6-10 year statute of limitations. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. Arkansas borrowers remain at risk regardless of whether their loan was forgiven.
Are You at Risk?
3,589 Arkansas borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.
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Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Data reflects the full PPP program period (April 2020 – May 2021). Last updated May 2026.