Arcadia Chair Company
$3,800,000 PPP Loan in La Palma, California
Loan Details
- Loan Number
- 4562597007
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,800,000
- Current Approval
- $3,360,368
- Forgiveness Amount
- $3,405,203
- Forgiveness Date
- Aug 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arcadia Chair Company
- Address
- 5692 Fresca Dr
- City
- La Palma
- State
- California
- ZIP Code
- 90623-1048
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (337211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 335
- Estimated Revenue
- $87.7M
- Rural/Urban
- Urban
- Congressional District
- CA-45
Loan Use Breakdown
- Payroll
- $2,949,982
- Rent
- $350,036
- Utilities
- $60,350
Lender Information
- Servicing Lender
- American Business Bank
- Originating Lender
- American Business Bank
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