PPP Loan information for Arco iron worksinc.

$50,000

Arco iron worksinc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 02/26/2021 by The Readycap Lending, LLC reported 5 jobs and $50,000 was used to fund payroll.

Arco iron worksinc. is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Arco iron worksinc.

ARCO IRON WORKSINC.

Date Approved

02/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ARCO IRON WORKSINC.

Borrower Address

10800 Hanna St Ste U

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-2133

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2133

CD

MD-04

Jobs Reported

5

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49995.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50360.27

Forgiveness Date

12/06/2021

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