PPP Loan information for Arch2, inc.

$27,564

Arch2, inc. was initially approved for PPP Loan of amount $27,564, the current approved amount is $27,564. The loan was approved on 04/29/2020 by The Customers Bank reported 5 jobs and $27,564 was used to fund payroll.

Arch2, inc. is Existing or more than 2 years old

ARCH2, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARCH2, INC.

Borrower Address

495 Main Street Suite 28

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27564.00

Current Approval Amount

27564.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-0001

CD

NJ-06

Jobs Reported

5

NAICS Code

541620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27564.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27991.43

Forgiveness Date

11/17/2021

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