Arai Americas INC

$564,400 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
6344257806
Date Approved
Jun 1, 2020
Loan Status
Paid in Full
Initial Approval
$564,400
Current Approval
$562,800
Forgiveness Amount
$568,537
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arai Americas INC
Address
5878 Bayside Road
ZIP Code
23455-3006
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$562,800

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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