ARROW CHEMICAL PRODUCTS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1197597407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW CHEMICAL PRODUCTS, 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 Michigan.

Loan Detail

Loan Number

1197597407

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$263,100

Date Loan was Approved

May 4, 2020

Amount Forgiven

$265,979.48

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

263,100

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

325611

Borrower Location

DETROIT, MI

Project Location

DETROIT, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.