PPP Loan information for Arbic construction, inc.

$116,354

Arbic construction, inc. was initially approved for PPP Loan of amount $116,354, the current approved amount is $116,354. The loan was approved on 04/08/2020 by The Central Savings Bank reported 11 jobs and $116,354 was used to fund payroll.

Arbic construction, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAULT SAINTE MARIE / Arbic construction, inc.

ARBIC CONSTRUCTION, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARBIC CONSTRUCTION, INC.

Borrower Address

3952 E PARTRIDGE DR

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-9119

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116354.00

Current Approval Amount

116354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-9119

CD

MI-01

Jobs Reported

11

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1600.00

Payroll Proceed

110254.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106965.54

Forgiveness Date

11/12/2020

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