PPP Loan information for Arc innovations, inc

$183,900

Arc innovations, inc was initially approved for PPP Loan of amount $183,900, the current approved amount is $183,900. The loan was approved on 04/08/2020 by The The National Bank of Indianapolis reported 32 jobs and $183,900 was used to fund payroll.

Arc innovations, inc is Existing or more than 2 years old

ARC INNOVATIONS, INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ARC INNOVATIONS, INC

Borrower Address

601 S High Street

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47305-2331

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183900.00

Current Approval Amount

183900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118844

Servicing Lender Name

The National Bank of Indianapolis

Servicing Lender Address

107 N Pennsylvania St, Ste 100

Servicing Lender City

INDIANAPOLIS

Servicing Lender State

IN

Servicing Lender Zip

46204-2406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47305-2331

CD

IN-05

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183900.00

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

118844

Originating Lender

The National Bank of Indianapolis

Originating Lender City

INDIANAPOLIS

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185774.27

Forgiveness Date

04/23/2021

;