PPP Loan information for Arc contracting inc

$605,735

Arc contracting inc was initially approved for PPP Loan of amount $605,735, the current approved amount is $605,735. The loan was approved on 03/02/2021 by The Blue Foundry Bank reported 102 jobs and $605,735 was used to fund payroll.

Arc contracting inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Arc contracting inc

ARC CONTRACTING INC

Date Approved

03/02/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

ARC CONTRACTING INC

Borrower Address

340 Evergreen Ave Apt 417

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11221-6632

Loan Status Date

01/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

605734.82

Current Approval Amount

605734.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11221-6632

CD

NY-07

Jobs Reported

102

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

605734.82

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

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

611102.30

Forgiveness Date

01/25/2022

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