PPP Loan information for Arc weld inc

$184,585

Arc weld inc was initially approved for PPP Loan of amount $184,585, the current approved amount is $184,585. The loan was approved on 04/07/2020 by The First Harrison Bank reported 14 jobs and $184,585 was used to fund payroll.

Arc weld inc is Existing or more than 2 years old

ARC WELD INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ARC WELD INC

Borrower Address

1556 OLD HIGHWAY 135

Borrower City

CORYDON

Borrower State

IN

Borrower Zip

47112-2002

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184585.00

Current Approval Amount

184585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88753

Servicing Lender Name

First Harrison Bank

Servicing Lender Address

220 Federal Dr NW

Servicing Lender City

CORYDON

Servicing Lender State

IN

Servicing Lender Zip

47112-2077

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORYDON

Project County Name

HARRISON

Project State

IN

Project Zip

47112-2002

CD

IN-09

Jobs Reported

14

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184585.00

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

88753

Originating Lender

First Harrison Bank

Originating Lender City

CORYDON

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

185723.27

Forgiveness Date

11/27/2020

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