PPP Loan information for Arco welding services inc

$459,670

Arco welding services inc was initially approved for PPP Loan of amount $459,670, the current approved amount is $459,670. The loan was approved on 05/05/2021 by The Cross River Bank reported 80 jobs and $459,670 was used to fund payroll.

Arco welding services inc is Existing or more than 2 years old

PPP Loan Search / NC / Burlington / Arco welding services inc

ARCO WELDING SERVICES INC

Date Approved

05/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ARCO WELDING SERVICES INC

Borrower Address

1212 S Mebane St

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215-5717

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

459670.00

Current Approval Amount

459670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-5717

CD

NC-04

Jobs Reported

80

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459670.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

466029.82

Forgiveness Date

10/12/2022

;