PPP Loan information for Arbel group inc

$125,000

Arbel group inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/12/2020 by The JPMorgan Chase Bank, National Association reported 2 jobs and $125,000 was used to fund payroll.

Arbel group inc is New Business or 2 years or less

PPP Loan Search / NJ / SOMERSET / Arbel group inc

ARBEL GROUP INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARBEL GROUP INC

Borrower Address

6 SHIRLEY AVE

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1000

CD

NJ-12

Jobs Reported

2

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3600.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126150.14

Forgiveness Date

03/19/2021

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