PPP Loan information for Arc abrasives inc.

$1,113,901

Arc abrasives inc. was initially approved for PPP Loan of amount $1,113,901, the current approved amount is $1,113,901. The loan was approved on 03/13/2021 by The KeyBank National Association reported 76 jobs and $1,113,901 was used to fund payroll.

Arc abrasives inc. is Existing or more than 2 years old

PPP Loan Search / OH / Troy / Arc abrasives inc.

ARC ABRASIVES INC.

Date Approved

03/13/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

ARC ABRASIVES INC.

Borrower Address

2131 Corporate Dr

Borrower City

Troy

Borrower State

OH

Borrower Zip

45373-1076

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1113901.00

Current Approval Amount

1113901.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

MIAMI

Project State

OH

Project Zip

45373-1076

CD

OH-15

Jobs Reported

76

NAICS Code

327910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1113899.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1124765.35

Forgiveness Date

03/17/2022

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