PPP Loan information for Arc electric inc

$41,300

Arc electric inc was initially approved for PPP Loan of amount $41,300, the current approved amount is $41,300. The loan was approved on 04/10/2020 by The Oklahoma Bank and Trust Company reported 5 jobs and $41,300 was used to fund payroll.

Arc electric inc is Existing or more than 2 years old

ARC ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

ARC ELECTRIC INC

Borrower Address

1302 CADDO ST

Borrower City

CLEVELAND

Borrower State

OK

Borrower Zip

74020-4050

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41300.00

Current Approval Amount

41300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58865

Servicing Lender Name

Oklahoma Bank and Trust Company

Servicing Lender Address

600 Gary Blvd

Servicing Lender City

CLINTON

Servicing Lender State

OK

Servicing Lender Zip

73601-2716

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

PAWNEE

Project State

OK

Project Zip

74020-4050

CD

OK-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41300.00

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

58865

Originating Lender

Oklahoma Bank and Trust Company

Originating Lender City

CLINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41601.72

Forgiveness Date

01/11/2021

;