Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ARBIC INVESTMENTS 1, LLC
Borrower Address
844 E 3 MILE RD
Borrower City
SAULT SAINTE MARIE
Borrower State
MI
Borrower Zip
49783-9305
Loan Status Date
01/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
71471.00
Current Approval Amount
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
Servicing Lender State
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
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
7
NAICS Code
337110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3471.00
Payroll Proceed
60000.00
Mortgage Interest Proceed
Rent Proceed
8000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
63835.96
Forgiveness Date
11/12/2020