PPP Loan information for Arch electric inc.

$198,305

Arch electric inc. was initially approved for PPP Loan of amount $198,305, the current approved amount is $198,305. The loan was approved on 01/28/2021 by The Manufacturers and Traders Trust Company reported 9 jobs and $198,305 was used to fund payroll.

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

ARCH ELECTRIC INC.

Date Approved

01/28/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

ARCH ELECTRIC INC.

Borrower Address

2382 Brooklyn Queens Expy W

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11103-1023

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198305.00

Current Approval Amount

198305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11103-1023

CD

NY-14

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

198303.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186531.32

Forgiveness Date

10/25/2021

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