PPP Loan information for Arc electrical & mechanical contractors corp.

$736,095

Arc electrical & mechanical contractors corp. was initially approved for PPP Loan of amount $736,095, the current approved amount is $736,095. The loan was approved on 04/16/2020 by The Manufacturers and Traders Trust Company reported 31 jobs and $736,095 was used to fund payroll.

Arc electrical & mechanical contractors corp. is Existing or more than 2 years old

ARC ELECTRICAL & MECHANICAL CONTRACTORS CORP.

Date Approved

04/16/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ARC ELECTRICAL & MECHANICAL CONTRACTORS CORP.

Borrower Address

26 Delavan Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

736095.00

Current Approval Amount

736095.00

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

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-0001

CD

NY-10

Jobs Reported

31

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

736095.00

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

747328.01

Forgiveness Date

10/28/2021

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