PPP Loan information for Arrow electric inc.

$1,860,438

Arrow electric inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $1,860,438. The loan was approved on 01/31/2021 by The First National Bank of Pennsylvania reported 180 jobs and $1,860,438 was used to fund payroll.

Arrow electric inc. is Existing or more than 2 years old

ARROW ELECTRIC INC.

Date Approved

01/31/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

ARROW ELECTRIC INC.

Borrower Address

857 Reynolds Industrial Park Rd

Borrower City

Greenville

Borrower State

PA

Borrower Zip

16125-4211

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

1860438.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenville

Project County Name

MERCER

Project State

PA

Project Zip

16125-4211

CD

PA-16

Jobs Reported

180

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1860434.00

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

Subchapter S Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1876510.12

Forgiveness Date

12/16/2021

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