PPP Loan information for Arco electrical contractors, inc.

$313,600

Arco electrical contractors, inc. was initially approved for PPP Loan of amount $313,600, the current approved amount is $313,600. The loan was approved on 01/28/2021 by The ConnectOne Bank reported 30 jobs and $313,600 was used to fund payroll.

Arco electrical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Arco electrical contractors, inc.

ARCO ELECTRICAL CONTRACTORS, INC.

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ARCO ELECTRICAL CONTRACTORS, INC.

Borrower Address

22 S 7th St # 24

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07202-3843

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313600.00

Current Approval Amount

313600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07202-3843

CD

NJ-08

Jobs Reported

30

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

313595.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

317589.69

Forgiveness Date

05/10/2022

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