PPP Loan information for Arch electric, inc.

$623,100

Arch electric, inc. was initially approved for PPP Loan of amount $623,100, the current approved amount is $623,100. The loan was approved on 04/08/2020 by The Summit CU reported 51 jobs and $623,100 was used to fund payroll.

Arch electric, inc. is Existing or more than 2 years old

ARCH ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ARCH ELECTRIC, INC.

Borrower Address

1237 PILGRIM RD

Borrower City

PLYMOUTH

Borrower State

WI

Borrower Zip

53073-4977

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

623100.00

Current Approval Amount

623100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53073-4977

CD

WI-06

Jobs Reported

51

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

623100.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

627026.38

Forgiveness Date

12/02/2020

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