PPP Loan information for Arms technology incorporated

$599,800

Arms technology incorporated was initially approved for PPP Loan of amount $599,800, the current approved amount is $599,800. The loan was approved on 04/14/2020 by The Bank of Utah reported 61 jobs and $599,800 was used to fund payroll.

Arms technology incorporated is Existing or more than 2 years old

ARMS TECHNOLOGY INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ARMS TECHNOLOGY INCORPORATED

Borrower Address

PO BOX 26857

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84126-0857

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

599800.00

Current Approval Amount

599800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84126-0857

CD

UT-02

Jobs Reported

61

NAICS Code

332994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2960.00

Payroll Proceed

479840.00

Mortgage Interest Proceed

117000.00

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

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

602987.98

Forgiveness Date

11/03/2020

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