PPP Loan information for Archer restoration services inc

$420,000

Archer restoration services inc was initially approved for PPP Loan of amount $420,000, the current approved amount is $420,000. The loan was approved on 04/14/2020 by The Regions Bank reported 44 jobs and $420,000 was used to fund payroll.

Archer restoration services inc is Existing or more than 2 years old

ARCHER RESTORATION SERVICES INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ARCHER RESTORATION SERVICES INC

Borrower Address

3430 Novis Point,

Borrower City

Acworth

Borrower State

GA

Borrower Zip

30101-6640

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420000.00

Current Approval Amount

420000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Acworth

Project County Name

COBB

Project State

GA

Project Zip

30101-6640

CD

GA-11

Jobs Reported

44

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

420000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422554.52

Forgiveness Date

12/03/2020

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