PPP Loan information for Arc contracting group

$49,852

Arc contracting group was initially approved for PPP Loan of amount $59,800, the current approved amount is $49,852. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 5 jobs and $49,852 was used to fund payroll.

Arc contracting group is Existing or more than 2 years old

ARC CONTRACTING GROUP

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ARC CONTRACTING GROUP

Borrower Address

43084 Binkley Cir

Borrower City

Leesburg

Borrower State

VA

Borrower Zip

20176

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

49852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

LOUDOUN

Project State

VA

Project Zip

20176-1200

CD

VA-10

Jobs Reported

5

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49852.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50254.91

Forgiveness Date

02/10/2021

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