PPP Loan information for Arc mercer inc

$1,708,700

Arc mercer inc was initially approved for PPP Loan of amount $1,708,700, the current approved amount is $1,708,700. The loan was approved on 04/13/2020 by The Amboy Bank reported 317 jobs and $1,708,700 was used to fund payroll.

Arc mercer inc is Existing or more than 2 years old

PPP Loan Search / NJ / EWING / Arc mercer inc

ARC MERCER INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARC MERCER INC

Borrower Address

180 EWINGVILLE RD

Borrower City

EWING

Borrower State

NJ

Borrower Zip

08628-2425

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1708700.00

Current Approval Amount

1708700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43940

Servicing Lender Name

Amboy Bank

Servicing Lender Address

3590 US Hwy 9 South

Servicing Lender City

OLD BRIDGE

Servicing Lender State

NJ

Servicing Lender Zip

08857-2765

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EWING

Project County Name

MERCER

Project State

NJ

Project Zip

08628-2425

CD

NJ-12

Jobs Reported

317

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1708700.00

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

Non-Profit Organization

Originating Lender Location Id

43940

Originating Lender

Amboy Bank

Originating Lender City

OLD BRIDGE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1725976.86

Forgiveness Date

04/22/2021

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