ARROW ROOFING & SUPPLY, INC. (MI) - 2020 PPP Loan Borrower Profile (# 8089967002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW ROOFING & SUPPLY, 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

8089967002

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$657,800

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$663,170.53

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

657,800

Lender

Macatawa Bank

Business Detail

Business Type

Corporation

NAICS

238160

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

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.