PPP Loan information for Arc opportunities, inc.

$298,400

Arc opportunities, inc. was initially approved for PPP Loan of amount $298,400, the current approved amount is $298,400. The loan was approved on 04/15/2020 by The Farmers State Bank reported 65 jobs and $298,400 was used to fund payroll.

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

PPP Loan Search / IN / HOWE / Arc opportunities, inc.

ARC OPPORTUNITIES, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ARC OPPORTUNITIES, INC.

Borrower Address

0235 W 300 N

Borrower City

HOWE

Borrower State

IN

Borrower Zip

46746-9618

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298400.00

Current Approval Amount

298400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23855

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

220 S Detroit St

Servicing Lender City

LAGRANGE

Servicing Lender State

IN

Servicing Lender Zip

46761-1808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOWE

Project County Name

LAGRANGE

Project State

IN

Project Zip

46746-9618

CD

IN-03

Jobs Reported

65

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298400.00

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

23855

Originating Lender

Farmers State Bank

Originating Lender City

LAGRANGE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

301102.18

Forgiveness Date

03/10/2021

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