PPP Loan information for Arcobaleno childcare inc.

$180,240

Arcobaleno childcare inc. was initially approved for PPP Loan of amount $180,240, the current approved amount is $180,240. The loan was approved on 02/02/2021 by The Live Oak Banking Company reported 39 jobs and $180,240 was used to fund payroll.

Arcobaleno childcare inc. is Existing or more than 2 years old

ARCOBALENO CHILDCARE INC.

Date Approved

02/02/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ARCOBALENO CHILDCARE INC.

Borrower Address

2100 Milan St

Borrower City

Easton

Borrower State

PA

Borrower Zip

18045-5872

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180240.00

Current Approval Amount

180240.00

Undisbursed Amount

0.00

Franchise Name

Lightbridge Academy

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Easton

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18045-5872

CD

PA-07

Jobs Reported

39

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180239.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182081.90

Forgiveness Date

02/22/2022

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