PPP Loan information for Arrow electric inc

$477,500

Arrow electric inc was initially approved for PPP Loan of amount $477,500, the current approved amount is $477,500. The loan was approved on 02/20/2021 by The BNC National Bank reported 20 jobs and $477,500 was used to fund payroll.

Arrow electric inc is Existing or more than 2 years old

PPP Loan Search / ND / Arnegard / Arrow electric inc

ARROW ELECTRIC INC

Date Approved

02/20/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

ARROW ELECTRIC INC

Borrower Address

13254 25M St NW

Borrower City

Arnegard

Borrower State

ND

Borrower Zip

58835-9137

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

477500.00

Current Approval Amount

477500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arnegard

Project County Name

MCKENZIE

Project State

ND

Project Zip

58835-9137

CD

ND-

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

477498.00

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

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480258.89

Forgiveness Date

09/22/2021

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