PPP Loan information for Arbor associates inc

$921,154

Arbor associates inc was initially approved for PPP Loan of amount $1,277,500, the current approved amount is $921,154. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 152 jobs and $921,154 was used to fund payroll.

Arbor associates inc is New Business or 2 years or less

PPP Loan Search / MA / North Andover / Arbor associates inc

ARBOR ASSOCIATES INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARBOR ASSOCIATES INC

Borrower Address

1270 Turnpike St

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1277500.00

Current Approval Amount

921154.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-0001

CD

MA-06

Jobs Reported

152

NAICS Code

561312

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

921154.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

930693.62

Forgiveness Date

05/20/2021

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