PPP Loan information for Arc air logistics, inc

$283,455

Arc air logistics, inc was initially approved for PPP Loan of amount $283,455, the current approved amount is $283,455. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank of Long Beach reported 19 jobs and $283,455 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

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ARC AIR LOGISTICS, INC

Borrower Address

1950 East 220th Street Suite #201

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90810-1651

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283455.00

Current Approval Amount

283455.00

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

19

NAICS Code

488510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283455.00

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

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

275110.71

Forgiveness Date

12/14/2020

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