PPP Loan information for Arco welding services inc

$788,007

Arco welding services inc was initially approved for PPP Loan of amount $788,007, the current approved amount is $788,007. The loan was approved on 05/03/2020 by The Cross River Bank reported 80 jobs and $788,007 was used to fund payroll.

Arco welding services inc is Unanswered

PPP Loan Search / NC / Burlington / Arco welding services inc

ARCO WELDING SERVICES INC

Date Approved

05/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ARCO WELDING SERVICES INC

Borrower Address

1212 South Mebane Street

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788007.00

Current Approval Amount

788007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-0001

CD

NC-04

Jobs Reported

80

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

788007.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798218.71

Forgiveness Date

08/23/2021

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