PPP Loan information for Arrowhead promotion & fulfillm

$1,506,400

Arrowhead promotion & fulfillm was initially approved for PPP Loan of amount $1,630,600, the current approved amount is $1,506,400. The loan was approved on 04/13/2020 by The Park State Bank reported 250 jobs and $1,506,400 was used to fund payroll.

Arrowhead promotion & fulfillm is Existing or more than 2 years old

ARROWHEAD PROMOTION & FULFILLM

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARROWHEAD PROMOTION & FULFILLM

Borrower Address

1105 SE 8th ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-4082

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1630600.00

Current Approval Amount

1506400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4082

CD

MN-08

Jobs Reported

250

NAICS Code

541870

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

75210.00

Payroll Proceed

1205120.00

Mortgage Interest Proceed

226070.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1520920.02

Forgiveness Date

03/31/2021

;