PPP Loan information for Arecon ltd

$167,500

Arecon ltd was initially approved for PPP Loan of amount $167,500, the current approved amount is $167,500. The loan was approved on 04/13/2020 by The First Bank reported 12 jobs and $167,500 was used to fund payroll.

Arecon ltd is Existing or more than 2 years old

ARECON LTD

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARECON LTD

Borrower Address

2633 A WHITEHORSE HAMILTON SQUARE RD

Borrower City

Hamilton

Borrower State

NJ

Borrower Zip

08690-2717

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167500.00

Current Approval Amount

167500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

MERCER

Project State

NJ

Project Zip

08690-2717

CD

NJ-03

Jobs Reported

12

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167500.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158423.42

Forgiveness Date

11/23/2020

;