PPP Loan information for Arrow components corporation

$122,500

Arrow components corporation was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 02/01/2021 by The MidWestOne Bank reported 8 jobs and $122,500 was used to fund payroll.

Arrow components corporation is Existing or more than 2 years old

PPP Loan Search / MN / Ramsey / Arrow components corporation

ARROW COMPONENTS CORPORATION

Date Approved

02/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ARROW COMPONENTS CORPORATION

Borrower Address

6230 McKinley ST NW Suite A Arrow Components

Borrower City

Ramsey

Borrower State

MN

Borrower Zip

55303

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ramsey

Project County Name

ANOKA

Project State

MN

Project Zip

55303

CD

MN-03

Jobs Reported

8

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122498.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

123306.46

Forgiveness Date

10/06/2021

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