PPP Loan information for Arctic innovation systems

$57,559

Arctic innovation systems was initially approved for PPP Loan of amount $57,559, the current approved amount is $57,559. The loan was approved on 02/04/2021 by The Sandy Spring Bank reported 13 jobs and $57,559 was used to fund payroll.

Arctic innovation systems is Existing or more than 2 years old

ARCTIC INNOVATION SYSTEMS

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ARCTIC INNOVATION SYSTEMS

Borrower Address

317 Soapstone Ln

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20905-5718

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57559.00

Current Approval Amount

57559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20905-5718

CD

MD-08

Jobs Reported

13

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57558.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58011.59

Forgiveness Date

11/26/2021

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