PPP Loan information for Arena painting contractors inc

$1,380,250

Arena painting contractors inc was initially approved for PPP Loan of amount $1,380,250, the current approved amount is $1,380,250. The loan was approved on 02/24/2021 by The American Business Bank reported 83 jobs and $1,380,250 was used to fund payroll.

Arena painting contractors inc is Existing or more than 2 years old

PPP Loan Search / CA / Gardena / Arena painting contractors inc

ARENA PAINTING CONTRACTORS INC

Date Approved

02/24/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ARENA PAINTING CONTRACTORS INC

Borrower Address

525 E Alondra Blvd

Borrower City

Gardena

Borrower State

CA

Borrower Zip

90248-2903

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1380250.00

Current Approval Amount

1380250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gardena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90248-2903

CD

CA-43

Jobs Reported

83

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1380244.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1395716.36

Forgiveness Date

04/12/2022

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