ARROW CIRCLE ELECTRIC, INC. (MO) - 2020 PPP Loan Borrower Profile (# 2073157200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARROW CIRCLE ELECTRIC, 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 Missouri.

Loan Detail

Loan Number
2073157200
SBA Office Code
0709
Processing Method
PPP
Curent Loan Amount
$364,800
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$367,617.07
Date Loan was Forgiven
Jan 26, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
36,400
Payroll Proced
292,000
Rent Proceed
36,400
Lender
The Central Trust Bank

Business Detail

Business Type
Corporation
NAICS
238210
Borrower Location
RAYTOWN, MO
Project Location
RAYTOWN, MO
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
35
Business Age Description
Existing or more than 2 years old
Data Source: SBA.