PPP Loan information for Arc restaurants, llc

$475,874

Arc restaurants, llc was initially approved for PPP Loan of amount $475,874, the current approved amount is $475,874. The loan was approved on 04/06/2020 by The CNB Bank reported 231 jobs and $475,874 was used to fund payroll.

Arc restaurants, llc is Existing or more than 2 years old

ARC RESTAURANTS, LLC

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ARC RESTAURANTS, LLC

Borrower Address

1116 Maple Ave

Borrower City

DU BOIS

Borrower State

PA

Borrower Zip

15801-2904

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475874.00

Current Approval Amount

475874.00

Undisbursed Amount

0.00

Franchise Name

Pizza Hut

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DU BOIS

Project County Name

CLEARFIELD

Project State

PA

Project Zip

15801-2904

CD

PA-15

Jobs Reported

231

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

475874.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

480424.14

Forgiveness Date

03/31/2021

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