PPP Loan information for Open arms 20 llc

$524,232

Open arms 20 llc was initially approved for PPP Loan of amount $524,232, the current approved amount is $524,232. The loan was approved on 02/22/2021 by The Town Bank, National Association reported 140 jobs and $524,232 was used to fund payroll.

Open arms 20 llc is Existing or more than 2 years old

OPEN ARMS 20 LLC

Date Approved

02/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

OPEN ARMS 20 LLC

Borrower Address

6233 Bankers Rd Ste 3

Borrower City

Mount Pleasant

Borrower State

WI

Borrower Zip

53403-9700

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524232.00

Current Approval Amount

524232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

RACINE

Project State

WI

Project Zip

53403-9700

CD

WI-01

Jobs Reported

140

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524232.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

526052.25

Forgiveness Date

06/30/2021

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