ARROW ELECTRICAL SUPPLY CO INC (MD) - 2020 PPP Loan Borrower Profile (# 1613977109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW ELECTRICAL SUPPLY CO 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 Maryland.

Loan Detail

Loan Number

1613977109

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$112,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$113,984.38

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

90,000

Rent Proceed

20,000

Lender

Orrstown Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423610

Borrower Location

BEL AIR, MD

Project Location

BEL AIR, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.