PPP Loan information for Arena painting contractors, inc.

$1,380,250

Arena painting contractors, inc. was initially approved for PPP Loan of amount $1,380,250, the current approved amount is $1,380,250. The loan was approved on 04/15/2020 by The American Business Bank reported 83 jobs and $1,380,250 was used to fund payroll.

Arena painting contractors, inc. is Existing or more than 2 years old

PPP Loan Search / CA / GARDENA / Arena painting contractors, inc.

ARENA PAINTING CONTRACTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ARENA PAINTING CONTRACTORS, INC.

Borrower Address

525 E ALONDRA BLVD

Borrower City

GARDENA

Borrower State

CA

Borrower Zip

90248-2903

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1380250.00

Current Approval Amount

1380250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90248-2903

CD

CA-43

Jobs Reported

83

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7900.00

Payroll Proceed

1283050.00

Mortgage Interest Proceed

0.00

Rent Proceed

49000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

300

Business Type

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1397909.64

Forgiveness Date

08/05/2021

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