PPP Loan information for Arc abrasives, inc.

$1,303,251

Arc abrasives, inc. was initially approved for PPP Loan of amount $1,303,251, the current approved amount is $1,303,251. The loan was approved on 04/28/2020 by The KeyBank National Association reported 85 jobs and $1,303,251 was used to fund payroll.

Arc abrasives, inc. is Unanswered

ARC ABRASIVES, INC.

Date Approved

04/28/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ARC ABRASIVES, INC.

Borrower Address

2131 Corporate Way

Borrower City

TROY

Borrower State

OH

Borrower Zip

45373

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1303251.00

Current Approval Amount

1303251.00

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

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TROY

Project County Name

MIAMI

Project State

OH

Project Zip

45373-0001

CD

OH-15

Jobs Reported

85

NAICS Code

327910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1303251.00

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

1317426.09

Forgiveness Date

06/02/2021

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