PPP Loan information for State of the arc welding & fabricating llc

$42,500

State of the arc welding & fabricating llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/28/2020 by The American Bank reported 5 jobs and $42,500 was used to fund payroll.

State of the arc welding & fabricating llc is Existing or more than 2 years old

STATE OF THE ARC WELDING & FABRICATING LLC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

STATE OF THE ARC WELDING & FABRICATING LLC

Borrower Address

146 Kline Street

Borrower City

BANGOR

Borrower State

PA

Borrower Zip

18013

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18013-0001

CD

PA-07

Jobs Reported

5

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42795.14

Forgiveness Date

01/07/2021

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