PPP Loan information for Ars mechanical llc

$485,000

Ars mechanical llc was initially approved for PPP Loan of amount $485,000, the current approved amount is $485,000. The loan was approved on 02/13/2021 by The Truist Bank reported 28 jobs and $485,000 was used to fund payroll.

Ars mechanical llc is Existing or more than 2 years old

PPP Loan Search / GA / Lithonia / Ars mechanical llc

ARS MECHANICAL LLC

Date Approved

02/13/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

ARS MECHANICAL LLC

Borrower Address

7195 Turner Hill Rd

Borrower City

Lithonia

Borrower State

GA

Borrower Zip

30058-5145

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

485000.00

Current Approval Amount

485000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lithonia

Project County Name

DEKALB

Project State

GA

Project Zip

30058-5145

CD

GA-04

Jobs Reported

28

NAICS Code

238220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

484998.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

488098.61

Forgiveness Date

10/07/2021

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