PPP Loan information for Arnold machine inc

$839,600

Arnold machine inc was initially approved for PPP Loan of amount $839,600, the current approved amount is $839,600. The loan was approved on 04/03/2020 by The Sutton Bank reported 54 jobs and $839,600 was used to fund payroll.

Arnold machine inc is Existing or more than 2 years old

ARNOLD MACHINE INC

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ARNOLD MACHINE INC

Borrower Address

19 Heritage Drive

Borrower City

TIFFIN

Borrower State

OH

Borrower Zip

44883-9503

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

839600.00

Current Approval Amount

839600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TIFFIN

Project County Name

SENECA

Project State

OH

Project Zip

44883-9503

CD

OH-05

Jobs Reported

54

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

629700.00

Mortgage Interest Proceed

59900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

846316.80

Forgiveness Date

01/26/2021

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