PPP Loan information for Arc air logistics inc

$291,240

Arc air logistics inc was initially approved for PPP Loan of amount $291,240, the current approved amount is $291,240. The loan was approved on 01/23/2021 by The Farmers & Merchants Bank of Long Beach reported 24 jobs and $291,240 was used to fund payroll.

Arc air logistics inc is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Arc air logistics inc

ARC AIR LOGISTICS INC

Date Approved

01/23/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ARC AIR LOGISTICS INC

Borrower Address

1950 E 220th St Ste 201

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90810-1651

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291239.85

Current Approval Amount

291239.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90810-1651

CD

CA-44

Jobs Reported

24

NAICS Code

488510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

291236.85

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

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292835.68

Forgiveness Date

08/18/2021

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