PPP Loan information for Arcade asphalt inc

$38,800

Arcade asphalt inc was initially approved for PPP Loan of amount $38,800, the current approved amount is $38,800. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 5 jobs and $38,800 was used to fund payroll.

Arcade asphalt inc is Existing or more than 2 years old

ARCADE ASPHALT INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCADE ASPHALT INC

Borrower Address

6433 20th Avenue South

Borrower City

Lino Lakes

Borrower State

MN

Borrower Zip

55038

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38800.00

Current Approval Amount

38800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lino Lakes

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-0001

CD

MN-06

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2425.00

Payroll Proceed

29100.00

Mortgage Interest Proceed

2425.00

Rent Proceed

2425.00

Refinance EIDL Proceed

2425.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39085.61

Forgiveness Date

01/08/2021

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