PPP Loan information for Arrow mechanical corp

$492,500

Arrow mechanical corp was initially approved for PPP Loan of amount $492,500, the current approved amount is $492,500. The loan was approved on 02/06/2021 by The Citibank, N.A. reported 45 jobs and $492,500 was used to fund payroll.

Arrow mechanical corp is Existing or more than 2 years old

ARROW MECHANICAL CORP

Date Approved

02/06/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

ARROW MECHANICAL CORP

Borrower Address

588 W Merrick Rd

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11580-5126

Loan Status Date

06/16/2022

Loan Status

Charged Off

Term

44

SBA Guaranty Percentage

100

Initial Approval Amount

492500.00

Current Approval Amount

492500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11580-5126

CD

NY-04

Jobs Reported

45

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

492498.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222176.46

Forgiveness Date

02/04/2022

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