PPP Loan information for Arch orthodontics pc

$540,024

Arch orthodontics pc was initially approved for PPP Loan of amount $540,024, the current approved amount is $540,024. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 64 jobs and $540,024 was used to fund payroll.

Arch orthodontics pc is New Business or 2 years or less

ARCH ORTHODONTICS PC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARCH ORTHODONTICS PC

Borrower Address

5 WALNUT AVE

Borrower City

STOUGHTON

Borrower State

MA

Borrower Zip

02072

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540024.00

Current Approval Amount

540024.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STOUGHTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-0001

CD

MA-08

Jobs Reported

64

NAICS Code

621210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540024.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

543781.98

Forgiveness Date

01/14/2021

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