Arms Precision, Inc.

$679,700 PPP Loan in Corona, California

Loan Details

Loan Number
6163287010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$679,700
Current Approval
$679,700
Forgiveness Amount
$686,590
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arms Precision, Inc.
Address
169 Radio Rd
City
Corona
ZIP Code
92879-1724
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
CA-41

Loan Use Breakdown

Payroll
$543,800
Rent
$52,000
Utilities
$15,900
Health Care
$68,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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