PPP Loan information for Arbnco inc

$147,692

Arbnco inc was initially approved for PPP Loan of amount $147,692, the current approved amount is $147,692. The loan was approved on 04/07/2020 by The First Independence Bank reported 6 jobs and $147,692 was used to fund payroll.

Arbnco inc is New Business or 2 years or less

ARBNCO INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARBNCO INC

Borrower Address

774 STARKWEATHER ST

Borrower City

PLYMOUTH

Borrower State

MI

Borrower Zip

48170-1337

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147692.00

Current Approval Amount

147692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34125

Servicing Lender Name

First Independence Bank

Servicing Lender Address

7310 Woodward Ave, Ste 101

Servicing Lender City

DETROIT

Servicing Lender State

MI

Servicing Lender Zip

48202-3165

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLYMOUTH

Project County Name

WAYNE

Project State

MI

Project Zip

48170-1337

CD

MI-06

Jobs Reported

6

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147692.00

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

34125

Originating Lender

First Independence Bank

Originating Lender City

DETROIT

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148783.28

Forgiveness Date

01/07/2021

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