ARM FIELD SERVICES, LLC (KY) - 2020 PPP Loan Borrower Profile (# 7008507009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARM FIELD SERVICES, 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 Kentucky.

Loan Detail

Loan Number

7008507009

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$251,400

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$254,654.23

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

188,600

Mortgage Interest Proceed

31,400

Rent Proceed

31,400

Lender

Central Bank & Trust Co.

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541990

Borrower Location

LEXINGTON, KY

Project Location

LEXINGTON, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.