PPP Loan information for Arcimoto

$1,068,686

Arcimoto was initially approved for PPP Loan of amount $1,068,686, the current approved amount is $1,068,686. The loan was approved on 04/28/2020 by The Seattle Bank reported 110 jobs and $1,068,686 was used to fund payroll.

Arcimoto is Existing or more than 2 years old

ARCIMOTO

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ARCIMOTO

Borrower Address

2034 W. 2nd Street

Borrower City

Eugene

Borrower State

OR

Borrower Zip

97402-7105

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1068686.00

Current Approval Amount

1068686.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124136

Servicing Lender Name

Seattle Bank

Servicing Lender Address

600 University St, Ste 1850

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-1129

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eugene

Project County Name

LANE

Project State

OR

Project Zip

97402-7105

CD

OR-04

Jobs Reported

110

NAICS Code

336320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1068686.00

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

124136

Originating Lender

Seattle Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1079254.12

Forgiveness Date

04/28/2021

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