PPP Loan information for Arc nj llc

$685,200

Arc nj llc was initially approved for PPP Loan of amount $682,500, the current approved amount is $685,200. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $685,200 was used to fund payroll.

Arc nj llc is New Business or 2 years or less

ARC NJ LLC

Date Approved

04/13/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

ARC NJ LLC

Borrower Address

100 South Elmwood Avenue

Borrower City

BUFFALO

Borrower State

NY

Borrower Zip

14202-2402

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

682500.00

Current Approval Amount

685200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BUFFALO

Project County Name

ERIE

Project State

NY

Project Zip

14202-2402

CD

NY-26

Jobs Reported

32

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611200.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

689536.47

Forgiveness Date

12/09/2020

;