Arora Engineers, INC

$4,140,520 PPP Loan in Chadds Ford, Pennsylvania

Loan Details

Loan Number
7219187107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$4,140,520
Current Approval
$4,140,520
Forgiveness Amount
$4,196,219
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arora Engineers, INC
Address
61 Wilmington West Chester Pike
ZIP Code
19317
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
230
Estimated Revenue
$28.4M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$3,501,520
Rent
$225,000
Utilities
$10,000
Health Care
$280,000
Debt Interest
$124,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Chadds Ford, PA

BusinessApproved
Brandywine Conservancy & Museum of Art$1,384,214NewBizBotAI Deep Dive
Brandywine Conservancy & Museum of Art$1,375,982NewBizBotAI Deep Dive
Kamcor, Inc.$1,344,000NewBizBotAI Deep Dive
Louis Marson Jr INC$1,296,988NewBizBotAI Deep Dive
J Becker Solutions INC$1,146,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free