ARCH ENVIRONMENTAL EQUIPMENT INC (KY) - 2020 PPP Loan Borrower Profile (# 5396127200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCH ENVIRONMENTAL EQUIPMENT 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 Kentucky.

Loan Detail

Loan Number

5396127200

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$327,005

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$328,722.58

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,800.33

Payroll Proced

261,604

Mortgage Interest Proceed

21,800.33

Rent Proceed

21,800.34

Lender

The City National Bank of Metropolis

Business Detail

Business Type

Subchapter S Corporation

NAICS

334512

Borrower Location

PADUCAH, KY

Project Location

PADUCAH, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.