PPP Loan information for Arc welding & repair llc

$48,496

Arc welding & repair llc was initially approved for PPP Loan of amount $48,496, the current approved amount is $48,496. The loan was approved on 04/28/2020 by The True Community CU reported 4 jobs and $48,496 was used to fund payroll.

Arc welding & repair llc is New Business or 2 years or less

ARC WELDING & REPAIR LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARC WELDING & REPAIR LLC

Borrower Address

5261 BUNKER RD

Borrower City

MASON

Borrower State

MI

Borrower Zip

48854-9732

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48496.00

Current Approval Amount

48496.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108847

Servicing Lender Name

True Community CU

Servicing Lender Address

1100 Clinton Rd

Servicing Lender City

JACKSON

Servicing Lender State

MI

Servicing Lender Zip

49202-2060

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MASON

Project County Name

INGHAM

Project State

MI

Project Zip

48854-9732

CD

MI-07

Jobs Reported

4

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48496.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

108847

Originating Lender

True Community CU

Originating Lender City

JACKSON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48863.76

Forgiveness Date

02/02/2021

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