PPP Loan information for Arrell corp

$343,008

Arrell corp was initially approved for PPP Loan of amount $343,008, the current approved amount is $343,008. The loan was approved on 01/23/2021 by The Cambridge Trust Company reported 19 jobs and $343,008 was used to fund payroll.

Arrell corp is Existing or more than 2 years old

ARRELL CORP

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ARRELL CORP

Borrower Address

36 Spinelli Pl

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02138-1064

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343007.50

Current Approval Amount

343007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02138-1064

CD

MA-05

Jobs Reported

19

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

343003.50

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345618.17

Forgiveness Date

11/01/2021

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