PPP Loan information for Arroman industries corp

$86,200

Arroman industries corp was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/21/2021 by The New Horizon Bank, National Association reported 14 jobs and $86,200 was used to fund payroll.

Arroman industries corp is Existing or more than 2 years old

ARROMAN INDUSTRIES CORP

Date Approved

04/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ARROMAN INDUSTRIES CORP

Borrower Address

609 Elm Ct

Borrower City

Hopewell

Borrower State

VA

Borrower Zip

23860-5251

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86200.00

Current Approval Amount

86200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hopewell

Project County Name

HOPEWELL CITY

Project State

VA

Project Zip

23860-5251

CD

VA-04

Jobs Reported

14

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86198.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86986.43

Forgiveness Date

04/04/2022

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