PPP Loan information for Arms trans inc

$309,400

Arms trans inc was initially approved for PPP Loan of amount $311,400, the current approved amount is $309,400. The loan was approved on 04/16/2020 by The Bank of Hope reported 21 jobs and $309,400 was used to fund payroll.

Arms trans inc is Existing or more than 2 years old

ARMS TRANS INC

Date Approved

04/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ARMS TRANS INC

Borrower Address

2839 EL PRESIDIO ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90810-1120

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311400.00

Current Approval Amount

309400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90810-1120

CD

CA-44

Jobs Reported

21

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

309400.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312604.20

Forgiveness Date

05/10/2021

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