PPP Loan information for Arco construction inc.

$640,490

Arco construction inc. was initially approved for PPP Loan of amount $640,490, the current approved amount is $640,490. The loan was approved on 02/05/2021 by The Spencer Savings Bank, SLA reported 35 jobs and $640,490 was used to fund payroll.

Arco construction inc. is Existing or more than 2 years old

PPP Loan Search / NJ / West Caldwell / Arco construction inc.

ARCO CONSTRUCTION INC.

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ARCO CONSTRUCTION INC.

Borrower Address

15 Fairfield Pl

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006-6206

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

640490.00

Current Approval Amount

640490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-6206

CD

NJ-11

Jobs Reported

35

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

640490.00

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

Subchapter S Corporation

Originating Lender Location Id

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

647263.40

Forgiveness Date

03/02/2022

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