Archway Services INC

$700,000 PPP Loan in Shelby, North Carolina

Loan Details

Loan Number
6566247003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$704,200
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Archway Services INC
Address
2316 Kings Road Extension
City
Shelby
ZIP Code
28152-6232
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$15.3M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$525,000
Rent
$87,500
Utilities
$87,500

Lender Information

Servicing Lender
Wings Financial Cu
Originating Lender
Settlers Bank

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