PPP Loan information for Arc energy services inc

$2,000,000

Arc energy services inc was initially approved for PPP Loan of amount $386,621, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The Trustmark National Bank reported 104 jobs and $2,000,000 was used to fund payroll.

Arc energy services inc is Existing or more than 2 years old

ARC ENERGY SERVICES INC

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ARC ENERGY SERVICES INC

Borrower Address

1876 Midland Rd

Borrower City

Rock Hill

Borrower State

SC

Borrower Zip

29730-3336

Loan Status Date

12/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386621.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rock Hill

Project County Name

YORK

Project State

SC

Project Zip

29730-3336

CD

SC-05

Jobs Reported

104

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2034611.11

Forgiveness Date

11/14/2022

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