PPP Loan information for Arroman industries corporation

$86,200

Arroman industries corporation was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/27/2020 by The New Horizon Bank, National Association reported 14 jobs and $86,200 was used to fund payroll.

Arroman industries corporation is Existing or more than 2 years old

PPP Loan Search / VA / HOPEWELL / Arroman industries corporation

ARROMAN INDUSTRIES CORPORATION

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARROMAN INDUSTRIES CORPORATION

Borrower Address

609 Elm Court

Borrower City

HOPEWELL

Borrower State

VA

Borrower Zip

23860

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

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

23860-0001

CD

VA-04

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86200.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

87255.65

Forgiveness Date

07/22/2021

;