PPP Loan information for Arc 5233 limited

$938,889

Arc 5233 limited was initially approved for PPP Loan of amount $938,889, the current approved amount is $938,889. The loan was approved on 03/02/2021 by The Lake Forest Bank & Trust Company, National Association reported 138 jobs and $938,889 was used to fund payroll.

Arc 5233 limited is Existing or more than 2 years old

PPP Loan Search / IL / Niles / Arc 5233 limited

ARC 5233 LIMITED

Date Approved

03/02/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ARC 5233 LIMITED

Borrower Address

8735 W Stolting Rd

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-1818

Loan Status Date

04/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

938889.00

Current Approval Amount

938889.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-1818

CD

IL-09

Jobs Reported

138

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

938889.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

948251.81

Forgiveness Date

03/03/2022

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