PPP Loan information for Arc controls, inc.

$525,786

Arc controls, inc. was initially approved for PPP Loan of amount $525,786, the current approved amount is $525,786. The loan was approved on 03/23/2021 by The ServisFirst Bank reported 35 jobs and $525,786 was used to fund payroll.

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

ARC CONTROLS, INC.

Date Approved

03/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ARC CONTROLS, INC.

Borrower Address

4875 Tufts Rd

Borrower City

Mobile

Borrower State

AL

Borrower Zip

36619-8933

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

525786.00

Current Approval Amount

525786.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mobile

Project County Name

MOBILE

Project State

AL

Project Zip

36619-8933

CD

AL-01

Jobs Reported

35

NAICS Code

332420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

525784.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

529524.92

Forgiveness Date

12/07/2021

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