PPP Loan information for Arc abatement holding inc.

$2,000,000

Arc abatement holding inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/11/2021 by The Community Bank & Trust, Waco, Texas reported 216 jobs and $2,000,000 was used to fund payroll.

Arc abatement holding inc. is Existing or more than 2 years old

ARC ABATEMENT HOLDING INC.

Date Approved

02/11/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

ARC ABATEMENT HOLDING INC.

Borrower Address

225 S 12th St

Borrower City

Waco

Borrower State

TX

Borrower Zip

76701-1811

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72077

Servicing Lender Name

Community Bank & Trust, Waco, Texas

Servicing Lender Address

1800 Washington Ave

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76701-1011

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waco

Project County Name

MCLENNAN

Project State

TX

Project Zip

76701-1811

CD

TX-17

Jobs Reported

216

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

72077

Originating Lender

Community Bank & Trust, Waco, Texas

Originating Lender City

WACO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018191.78

Forgiveness Date

01/11/2022

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