ARORA ENGINEERS, INC (PA) - 2020 PPP Loan Borrower Profile (# 7219187107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARORA ENGINEERS, 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 Pennsylvania.

Loan Detail

Loan Number

7219187107

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$4,140,520

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$4,196,218.5

Date Loan was Forgiven

Aug 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

3,501,520

Mortgage Interest Proceed

Rent Proceed

225,000

Refinance EIDL Proceed

Health Care Proceed

280,000

Debt Interest Proceed

124,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

Chadds Ford, PA

Project Location

Chadds Ford, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

230

Business Age Description

Existing or more than 2 years old

Data Source: SBA.