PPP Loan information for Arco iron works,inc.

$50,600

Arco iron works,inc. was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/14/2020 by The Customers Bank reported 5 jobs and $50,600 was used to fund payroll.

Arco iron works,inc. is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Arco iron works,inc.

ARCO IRON WORKS,INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ARCO IRON WORKS,INC.

Borrower Address

10800 Hanna Street Unit U

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1000

CD

MD-04

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50600.00

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

51047.78

Forgiveness Date

03/29/2021

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