PPP Loan information for Arms precision inc

$702,842

Arms precision inc was initially approved for PPP Loan of amount $702,842, the current approved amount is $702,842. The loan was approved on 02/07/2021 by The City National Bank reported 46 jobs and $702,842 was used to fund payroll.

Arms precision inc is Existing or more than 2 years old

ARMS PRECISION INC

Date Approved

02/07/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

ARMS PRECISION INC

Borrower Address

169 Radio Rd

Borrower City

Corona

Borrower State

CA

Borrower Zip

92879-1724

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

702842.00

Current Approval Amount

702842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corona

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-1724

CD

CA-41

Jobs Reported

46

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

702837.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

711064.29

Forgiveness Date

04/12/2022

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