PPP Loan information for Arc construction co., inc.

$85,997

Arc construction co., inc. was initially approved for PPP Loan of amount $85,997, the current approved amount is $85,997. The loan was approved on 07/31/2020 by The Eastern Bank reported 7 jobs and $85,997 was used to fund payroll.

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

PPP Loan Search / MA / CHELSEA / Arc construction co., inc.

ARC CONSTRUCTION CO., INC.

Date Approved

07/31/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARC CONSTRUCTION CO., INC.

Borrower Address

260 2ND ST

Borrower City

CHELSEA

Borrower State

MA

Borrower Zip

02150-1802

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85997.00

Current Approval Amount

85997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-1802

CD

MA-07

Jobs Reported

7

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85997.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86591.81

Forgiveness Date

04/13/2021

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