PPP Loan information for Arbic investments 1, llc

$71,471

Arbic investments 1, llc was initially approved for PPP Loan of amount $71,471, the current approved amount is $71,471. The loan was approved on 04/08/2020 by The Central Savings Bank reported 7 jobs and $71,471 was used to fund payroll.

Arbic investments 1, llc is Existing or more than 2 years old

ARBIC INVESTMENTS 1, LLC

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

71471.00

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

49783-9305

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

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63835.96

Forgiveness Date

11/12/2020

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