PPP Loan information for Arrow electric llc

$31,062

Arrow electric llc was initially approved for PPP Loan of amount $31,062, the current approved amount is $31,062. The loan was approved on 01/21/2021 by The The State Bank of Faribault reported 2 jobs and $31,062 was used to fund payroll.

Arrow electric llc is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Arrow electric llc

ARROW ELECTRIC LLC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ARROW ELECTRIC LLC

Borrower Address

1618 Springwood Ln

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-6509

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31062.00

Current Approval Amount

31062.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-6509

CD

MN-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31060.00

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

31291.51

Forgiveness Date

10/20/2021

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