PPP Loan information for Arends, inc.

$119,852

Arends, inc. was initially approved for PPP Loan of amount $119,852, the current approved amount is $119,852. The loan was approved on 04/15/2020 by The Provident Bank reported 8 jobs and $119,852 was used to fund payroll.

Arends, inc. is Existing or more than 2 years old

ARENDS, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARENDS, INC.

Borrower Address

3 HARRISON AVE

Borrower City

MORRIS PLAINS

Borrower State

NJ

Borrower Zip

07950-2654

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119851.65

Current Approval Amount

119851.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS PLAINS

Project County Name

MORRIS

Project State

NJ

Project Zip

07950-2654

CD

NJ-11

Jobs Reported

8

NAICS Code

448310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119851.65

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

120931.96

Forgiveness Date

03/18/2021

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