PPP Loan information for Arc cool holding corp

$3,593,977

Arc cool holding corp was initially approved for PPP Loan of amount $3,593,977, the current approved amount is $3,593,977. The loan was approved on 04/15/2020 by The Emigrant Bank reported 121 jobs and $3,593,977 was used to fund payroll.

Arc cool holding corp is Existing or more than 2 years old

ARC COOL HOLDING CORP

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARC COOL HOLDING CORP

Borrower Address

149 River St, Suite 3

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3593977.00

Current Approval Amount

3593977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48902

Servicing Lender Name

Emigrant Bank

Servicing Lender Address

5 E 42nd St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-6904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-0001

CD

MA-06

Jobs Reported

121

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3593977.00

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

48902

Originating Lender

Emigrant Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3634840.03

Forgiveness Date

06/11/2021

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