Date Approved
04/07/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
ARCHWAY SERVICES INC
Borrower Address
2316 KINGS ROAD EXTENSION
Borrower City
SHELBY
Borrower State
NC
Borrower Zip
28152-6232
Loan Status Date
12/09/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
700000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
452244
Servicing Lender Name
Settlers Bank
Servicing Lender Address
4021 Meridian Dr
Servicing Lender City
DE FOREST
Servicing Lender State
WI
Servicing Lender Zip
53598-9698
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLEVELAND
Project State
Project Zip
CD
NC-10
Jobs Reported
71
NAICS Code
811310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
87500.00
Payroll Proceed
525000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
704200.00
Forgiveness Date
11/20/2020