PPP Loan information for Embracing arms, inc.

$147,500

Embracing arms, inc. was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 04/13/2020 by The Newtek Small Business Finance, Inc. reported 20 jobs and $147,500 was used to fund payroll.

Embracing arms, inc. is Existing or more than 2 years old

PPP Loan Search / GA / JONESBORO / Embracing arms, inc.

EMBRACING ARMS, INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

EMBRACING ARMS, INC.

Borrower Address

1673 HEARTHSTONE CT

Borrower City

JONESBORO

Borrower State

GA

Borrower Zip

30236-5091

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CLAYTON

Project State

GA

Project Zip

30236-5091

CD

GA-13

Jobs Reported

20

NAICS Code

813990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147500.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

148983.19

Forgiveness Date

04/15/2021

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