PPP Loan information for Ark systems electric corp.

$2,253,815

Ark systems electric corp. was initially approved for PPP Loan of amount $2,253,815, the current approved amount is $2,253,815. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 50 jobs and $2,253,815 was used to fund payroll.

Ark systems electric corp. is Existing or more than 2 years old

PPP Loan Search / NY / LONG ISLAND CITY / Ark systems electric corp.

ARK SYSTEMS ELECTRIC CORP.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ARK SYSTEMS ELECTRIC CORP.

Borrower Address

2708 42ND RD

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2253815.00

Current Approval Amount

2253815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-0001

CD

NY-07

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

2197815.00

Mortgage Interest Proceed

0.00

Rent Proceed

39000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2278663.31

Forgiveness Date

06/11/2021

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