PPP Loan information for Ar construction service inc

$425,788

Ar construction service inc was initially approved for PPP Loan of amount $425,788, the current approved amount is $425,788. The loan was approved on 07/29/2020 by The Truist Bank reported 21 jobs and $425,788 was used to fund payroll.

Ar construction service inc is New Business or 2 years or less

PPP Loan Search / VA / ASHBURN / Ar construction service inc

AR CONSTRUCTION SERVICE INC

Date Approved

07/29/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AR CONSTRUCTION SERVICE INC

Borrower Address

42651 Frontier Drive

Borrower City

ASHBURN

Borrower State

VA

Borrower Zip

20148-7210

Loan Status Date

03/19/2022

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

425787.50

Current Approval Amount

425787.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHBURN

Project County Name

LOUDOUN

Project State

VA

Project Zip

20148-7210

CD

VA-10

Jobs Reported

21

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425787.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395872.64

Forgiveness Date

03/01/2022

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