PPP Loan information for Arc clothing llc

$50,000

Arc clothing llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/03/2020 by The First National Bank reported 19 jobs and $50,000 was used to fund payroll.

Arc clothing llc is Existing or more than 2 years old

ARC CLOTHING LLC

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ARC CLOTHING LLC

Borrower Address

5254 Elmore Ave,

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-3466

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-3466

CD

IA-01

Jobs Reported

19

NAICS Code

453310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50369.44

Forgiveness Date

01/07/2021

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