PPP Loan information for Arch therapeutics, inc

$176,300

Arch therapeutics, inc was initially approved for PPP Loan of amount $176,300, the current approved amount is $176,300. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $176,300 was used to fund payroll.

Arch therapeutics, inc is Existing or more than 2 years old

ARCH THERAPEUTICS, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARCH THERAPEUTICS, INC

Borrower Address

235 Walnut St

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702-7592

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176300.00

Current Approval Amount

176300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Framingham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-7592

CD

MA-05

Jobs Reported

7

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176300.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178183.75

Forgiveness Date

05/21/2021

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