PPP Loan information for Arco trading co.

$311,715

Arco trading co. was initially approved for PPP Loan of amount $311,715, the current approved amount is $311,715. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 22 jobs and $311,715 was used to fund payroll.

Arco trading co. is New Business or 2 years or less

PPP Loan Search / NJ / HILLSIDE / Arco trading co.

ARCO TRADING CO.

Date Approved

05/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARCO TRADING CO.

Borrower Address

1422 CHESTNUT AVE

Borrower City

HILLSIDE

Borrower State

NJ

Borrower Zip

07205-1112

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311715.00

Current Approval Amount

311715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HILLSIDE

Project County Name

UNION

Project State

NJ

Project Zip

07205-1112

CD

NJ-10

Jobs Reported

22

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

311715.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282225.03

Forgiveness Date

03/10/2021

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