PPP Loan information for Arc energy fabrication llc

$500,775

Arc energy fabrication llc was initially approved for PPP Loan of amount $500,775, the current approved amount is $500,775. The loan was approved on 03/13/2021 by The Hancock Whitney Bank reported 45 jobs and $500,775 was used to fund payroll.

Arc energy fabrication llc is Existing or more than 2 years old

ARC ENERGY FABRICATION LLC

Date Approved

03/13/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ARC ENERGY FABRICATION LLC

Borrower Address

308 N Fieldspan Rd

Borrower City

Scott

Borrower State

LA

Borrower Zip

70583-4320

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500775.00

Current Approval Amount

500775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scott

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-4320

CD

LA-03

Jobs Reported

45

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

500771.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504433.44

Forgiveness Date

12/06/2021

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