ARM ELECTRIC LLC (AL) - 2020 PPP Loan Borrower Profile (# 3098148510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARM ELECTRIC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

3098148510

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$106,368

Date Loan was Approved

Feb 23, 2021

Amount Forgiven

$107,413.95

Date Loan was Forgiven

Feb 15, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

106,368

Lender

Bryant Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

Northport, AL

Project Location

Northport, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.