PPP Loan information for Arkal automotive usa, inc.

$1,500,542

Arkal automotive usa, inc. was initially approved for PPP Loan of amount $1,500,542, the current approved amount is $1,500,542. The loan was approved on 04/14/2020 by The LendingClub Bank, National Association reported 136 jobs and $1,500,542 was used to fund payroll.

Arkal automotive usa, inc. is Existing or more than 2 years old

PPP Loan Search / AL / AUBURN / Arkal automotive usa, inc.

ARKAL AUTOMOTIVE USA, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARKAL AUTOMOTIVE USA, INC.

Borrower Address

2490 INNOVATION DR

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36832-8063

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500542.00

Current Approval Amount

1500542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

LEE

Project State

AL

Project Zip

36832-8063

CD

AL-03

Jobs Reported

136

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500542.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1510420.57

Forgiveness Date

12/30/2020

;