Arco Welding Supply Co

$230,000 PPP Loan in Malden, Massachusetts

Loan Details

Loan Number
7620747007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$230,000
Current Approval
$230,000
Forgiveness Amount
$231,993
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arco Welding Supply Co
Address
1200 Eastern Ave
City
Malden
ZIP Code
02148-6110
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$230,000

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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