PPP Loan information for Arc services of macomb, inc.

$533,800

Arc services of macomb, inc. was initially approved for PPP Loan of amount $533,800, the current approved amount is $533,800. The loan was approved on 05/01/2020 by The Comerica Bank reported 130 jobs and $533,800 was used to fund payroll.

Arc services of macomb, inc. is Existing or more than 2 years old

ARC SERVICES OF MACOMB, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARC SERVICES OF MACOMB, INC.

Borrower Address

44050 N. Gratiot Ave.

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48036

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533800.00

Current Approval Amount

533800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48036-0899

CD

MI-10

Jobs Reported

130

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

533800.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

537907.29

Forgiveness Date

02/16/2021

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