PPP Loan information for Arc insulation, inc.

$440,000

Arc insulation, inc. was initially approved for PPP Loan of amount $440,000, the current approved amount is $440,000. The loan was approved on 04/27/2020 by The Wheaton Bank & Trust Company, National Association reported 24 jobs and $440,000 was used to fund payroll.

Arc insulation, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROMEOVILLE / Arc insulation, inc.

ARC INSULATION, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ARC INSULATION, INC.

Borrower Address

29 FORESTWOOD CT, Unit 1

Borrower City

ROMEOVILLE

Borrower State

IL

Borrower Zip

60446-1476

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440000.00

Current Approval Amount

440000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMEOVILLE

Project County Name

WILL

Project State

IL

Project Zip

60446-1476

CD

IL-14

Jobs Reported

24

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44000.00

Payroll Proceed

330000.00

Mortgage Interest Proceed

0.00

Rent Proceed

66000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

442297.78

Forgiveness Date

11/05/2020

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