PPP Loan information for Arc energy fabrication llc

$541,510

Arc energy fabrication llc was initially approved for PPP Loan of amount $650,338, the current approved amount is $541,510. The loan was approved on 04/28/2020 by The Gulf Coast Bank reported 43 jobs and $541,510 was used to fund payroll.

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

ARC ENERGY FABRICATION LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARC ENERGY FABRICATION LLC

Borrower Address

308 N Fieldspan Rd

Borrower City

Scott

Borrower State

LA

Borrower Zip

70507

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650337.50

Current Approval Amount

541510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28002

Servicing Lender Name

Gulf Coast Bank

Servicing Lender Address

221 S State St

Servicing Lender City

ABBEVILLE

Servicing Lender State

LA

Servicing Lender Zip

70510-5917

Rural Urban Indicator

U

Hubzone Indicator

N

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

70507-2000

CD

LA-03

Jobs Reported

43

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

541510.00

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

28002

Originating Lender

Gulf Coast Bank

Originating Lender City

ABBEVILLE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547236.65

Forgiveness Date

06/01/2021

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