PPP Loan information for Compassionate arms inc.

$128,150

Compassionate arms inc. was initially approved for PPP Loan of amount $128,150, the current approved amount is $128,150. The loan was approved on 02/23/2021 by The Bank of America, National Association reported 180 jobs and $128,150 was used to fund payroll.

Compassionate arms inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Compassionate arms inc.

COMPASSIONATE ARMS INC.

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COMPASSIONATE ARMS INC.

Borrower Address

4151 17 Mile Rd Ste B

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-6866

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128150.00

Current Approval Amount

128150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-6866

CD

MI-10

Jobs Reported

180

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

128146.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129677.27

Forgiveness Date

05/05/2022

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