PPP Loan information for Arco welding inc

$166,700

Arco welding inc was initially approved for PPP Loan of amount $166,700, the current approved amount is $166,700. The loan was approved on 04/29/2020 by The Atlantic Union Bank reported 8 jobs and $166,700 was used to fund payroll.

Arco welding inc is Existing or more than 2 years old

PPP Loan Search / VA / Fredericksburg / Arco welding inc

ARCO WELDING INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARCO WELDING INC

Borrower Address

329a wallace lane

Borrower City

Fredericksburg

Borrower State

VA

Borrower Zip

22408

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166700.00

Current Approval Amount

166700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fredericksburg

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22408-0001

CD

VA-07

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166700.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167737.24

Forgiveness Date

12/15/2020

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