PPP Loan information for Arcade concrete construction inc.

$45,700

Arcade concrete construction inc. was initially approved for PPP Loan of amount $45,700, the current approved amount is $45,700. The loan was approved on 04/09/2020 by The Farmers & Merchants Savings Bank reported 7 jobs and $45,700 was used to fund payroll.

Arcade concrete construction inc. is Existing or more than 2 years old

PPP Loan Search / MN / HUGO / Arcade concrete construction inc.

ARCADE CONCRETE CONSTRUCTION INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCADE CONCRETE CONSTRUCTION INC.

Borrower Address

8212 20TH AVE N

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-8758

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45700.00

Current Approval Amount

45700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

ANOKA

Project State

MN

Project Zip

55038-8758

CD

MN-06

Jobs Reported

7

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45700.00

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

Subchapter S Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39923.86

Forgiveness Date

11/09/2020

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