ARIZONA CNC EQUIPMENT LLC (AZ) - 2020 PPP Loan Borrower Profile (# 9050957203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARIZONA CNC EQUIPMENT LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

9050957203

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$184,400

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$185,783

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,220

Payroll Proced

156,740

Rent Proceed

18,440

Lender

Alerus Financial, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

454390

Borrower Location

TEMPE, AZ

Project Location

TEMPE, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.