ARROW CONSTRUCTIONS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1212487201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW CONSTRUCTIONS, 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

1212487201

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$273,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$274,845.65

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

270,900

Lender

Range Bank

Business Detail

Business Type

Corporation

NAICS

237310

Borrower Location

NEGAUNEE, MI

Project Location

NEGAUNEE, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.