PPP Loan information for Open arms 20 llc

$334,956

Open arms 20 llc was initially approved for PPP Loan of amount $334,956, the current approved amount is $334,956. The loan was approved on 04/09/2020 by The Tri City National Bank reported 125 jobs and $334,956 was used to fund payroll.

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

OPEN ARMS 20 LLC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OPEN ARMS 20 LLC

Borrower Address

6233 Bankers Rd, Suite #3

Borrower City

MOUNT PLEASANT

Borrower State

WI

Borrower Zip

53403-9700

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334956.00

Current Approval Amount

334956.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76623

Servicing Lender Name

Tri City National Bank

Servicing Lender Address

6400 S 27th St

Servicing Lender City

OAK CREEK

Servicing Lender State

WI

Servicing Lender Zip

53154-1015

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

125

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

316395.00

Mortgage Interest Proceed

7561.00

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

76623

Originating Lender

Tri City National Bank

Originating Lender City

OAK CREEK

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336975.04

Forgiveness Date

11/23/2020

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