PPP Loan information for Ara construction corporation

$851,405

Ara construction corporation was initially approved for PPP Loan of amount $851,405, the current approved amount is $851,405. The loan was approved on 04/06/2020 by The First National Bank of Pennsylvania reported 56 jobs and $851,405 was used to fund payroll.

Ara construction corporation is Existing or more than 2 years old

PPP Loan Search / MD / CURTIS BAY / Ara construction corporation

ARA CONSTRUCTION CORPORATION

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ARA CONSTRUCTION CORPORATION

Borrower Address

7500 ENERGY CT

Borrower City

CURTIS BAY

Borrower State

MD

Borrower Zip

21226-1756

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

851405.00

Current Approval Amount

851405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CURTIS BAY

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21226-1756

CD

MD-03

Jobs Reported

56

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

851405.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

857866.35

Forgiveness Date

01/20/2021

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