PPP Loan information for Open arms inc.

$59,600

Open arms inc. was initially approved for PPP Loan of amount $59,600, the current approved amount is $59,600. The loan was approved on 04/14/2020 by The American National Bank and Trust Company reported 18 jobs and $59,600 was used to fund payroll.

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

PPP Loan Search / VA / CHRISTIANSBURG / Open arms inc.

OPEN ARMS INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OPEN ARMS INC.

Borrower Address

2025 Sunset Dr.

Borrower City

CHRISTIANSBURG

Borrower State

VA

Borrower Zip

24073

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59600.00

Current Approval Amount

59600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHRISTIANSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24073-0001

CD

VA-09

Jobs Reported

18

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

57600.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60134.74

Forgiveness Date

03/15/2021

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