PPP Loan information for Arrow electric

$31,000

Arrow electric was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 06/09/2020 by The The State Bank of Faribault reported 2 jobs and $31,000 was used to fund payroll.

Arrow electric is Unanswered

PPP Loan Search / MN / FARIBAULT / Arrow electric

ARROW ELECTRIC

Date Approved

06/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARROW ELECTRIC

Borrower Address

209 1ST AVE NW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5104

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5104

CD

MN-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31000.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31136.92

Forgiveness Date

11/17/2020

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