PPP Loan information for Arc labs llc

$654,832

Arc labs llc was initially approved for PPP Loan of amount $654,832, the current approved amount is $654,832. The loan was approved on 02/19/2021 by The Bank of America, National Association reported 61 jobs and $654,832 was used to fund payroll.

Arc labs llc is Existing or more than 2 years old

PPP Loan Search / SC / Piedmont / Arc labs llc

ARC LABS LLC

Date Approved

02/19/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ARC LABS LLC

Borrower Address

2615 Highway 153 Ste B3

Borrower City

Piedmont

Borrower State

SC

Borrower Zip

29673-6727

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

654832.00

Current Approval Amount

654832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Piedmont

Project County Name

ANDERSON

Project State

SC

Project Zip

29673-6727

CD

SC-03

Jobs Reported

61

NAICS Code

611519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

654829.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

658743.05

Forgiveness Date

09/29/2021

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