PPP Loan information for Arc of fayette county

$497,300

Arc of fayette county was initially approved for PPP Loan of amount $497,300, the current approved amount is $497,300. The loan was approved on 04/06/2020 by The Somerset Trust Company reported 71 jobs and $497,300 was used to fund payroll.

Arc of fayette county is Existing or more than 2 years old

PPP Loan Search / PA / UNIONTOWN / Arc of fayette county

ARC OF FAYETTE COUNTY

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ARC OF FAYETTE COUNTY

Borrower Address

80 Old New Salem Road

Borrower City

UNIONTOWN

Borrower State

PA

Borrower Zip

15401

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497300.00

Current Approval Amount

497300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNIONTOWN

Project County Name

FAYETTE

Project State

PA

Project Zip

15401-0001

CD

PA-14

Jobs Reported

71

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497300.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

501550.89

Forgiveness Date

02/23/2021

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