PPP Loan information for Arms trans inc

$309,400

Arms trans inc was initially approved for PPP Loan of amount $309,400, the current approved amount is $309,400. The loan was approved on 01/28/2021 by The Bank of Hope reported 30 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

01/28/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ARMS TRANS INC

Borrower Address

2839 E El Presidio St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90810-1120

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309400.00

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

30

NAICS Code

493110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

309397.00

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

312434.66

Forgiveness Date

02/02/2022

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