PPP Loan information for Arc energy, llc

$424,958

Arc energy, llc was initially approved for PPP Loan of amount $424,958, the current approved amount is $424,958. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 25 jobs and $424,958 was used to fund payroll.

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

ARC ENERGY, LLC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARC ENERGY, LLC

Borrower Address

308 FIELDSPAN RD

Borrower City

SCOTT

Borrower State

LA

Borrower Zip

70583

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424957.50

Current Approval Amount

424957.50

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

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

70583-0001

CD

LA-03

Jobs Reported

25

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

424957.50

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

429997.97

Forgiveness Date

06/22/2021

;