PPP Loan information for Arc franchising, llc

$7,242

Arc franchising, llc was initially approved for PPP Loan of amount $7,242, the current approved amount is $7,242. The loan was approved on 06/05/2020 by The U.S. Bank, National Association reported 1 jobs and $7,242 was used to fund payroll.

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

PPP Loan Search / IA / DE SOTO / Arc franchising, llc

ARC FRANCHISING, LLC

Date Approved

06/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ARC FRANCHISING, LLC

Borrower Address

300 CHESTNUT ST

Borrower City

DE SOTO

Borrower State

IA

Borrower Zip

50069-1037

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7242.00

Current Approval Amount

7242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DE SOTO

Project County Name

DALLAS

Project State

IA

Project Zip

50069-1037

CD

IA-03

Jobs Reported

1

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7242.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7284.65

Forgiveness Date

01/07/2021

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