PPP Loan information for Arc alabama llc

$292,302

Arc alabama llc was initially approved for PPP Loan of amount $292,302, the current approved amount is $292,302. The loan was approved on 04/08/2021 by The Regions Bank reported 45 jobs and $292,302 was used to fund payroll.

Arc alabama llc is Existing or more than 2 years old

ARC ALABAMA LLC

Date Approved

04/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ARC ALABAMA LLC

Borrower Address

3940 Montclair Rd Ste 300

Borrower City

Mountain Brk

Borrower State

AL

Borrower Zip

35213-2420

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292302.00

Current Approval Amount

292302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountain Brk

Project County Name

JEFFERSON

Project State

AL

Project Zip

35213-2420

CD

AL-06

Jobs Reported

45

NAICS Code

212299

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

292301.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

296129.95

Forgiveness Date

08/04/2022

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