ARROW SERVICES INC (IN) - 2020 PPP Loan Borrower Profile (# 1555177204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW SERVICES INC. 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 Indiana.

Loan Detail

Loan Number

1555177204

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$549,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$555,361.33

Date Loan was Forgiven

May 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

549,500

Lender

1st Source Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561710

Borrower Location

PLYMOUTH, IN

Project Location

PLYMOUTH, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.