PPP Loan information for Arm motors, inc.

$30,180

Arm motors, inc. was initially approved for PPP Loan of amount $30,180, the current approved amount is $30,180. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $30,180 was used to fund payroll.

Arm motors, inc. is New Business or 2 years or less

ARM MOTORS, INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ARM MOTORS, INC.

Borrower Address

7804 WISE AVE

Borrower City

DUNDALK

Borrower State

MD

Borrower Zip

21222

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30180.00

Current Approval Amount

30180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DUNDALK

Project County Name

BALTIMORE

Project State

MD

Project Zip

21222-0001

CD

MD-07

Jobs Reported

3

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30180.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30443.76

Forgiveness Date

03/17/2021

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