PPP Loan information for Arc construction co inc

$1,163,957

Arc construction co inc was initially approved for PPP Loan of amount $1,163,957, the current approved amount is $1,163,957. The loan was approved on 04/10/2020 by The German American Bank reported 60 jobs and $1,163,957 was used to fund payroll.

Arc construction co inc is Existing or more than 2 years old

PPP Loan Search / IN / EVANSVILLE / Arc construction co inc

ARC CONSTRUCTION CO INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ARC CONSTRUCTION CO INC

Borrower Address

1745 S KENTUCKY AVE

Borrower City

EVANSVILLE

Borrower State

IN

Borrower Zip

47714-3411

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1163957.00

Current Approval Amount

1163957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVANSVILLE

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47714-3411

CD

IN-08

Jobs Reported

60

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1163957.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1170271.07

Forgiveness Date

11/05/2020

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