PPP Loan information for Arc wellness company llc

$455,900

Arc wellness company llc was initially approved for PPP Loan of amount $455,900, the current approved amount is $455,900. The loan was approved on 01/28/2021 by The Sandy Spring Bank reported 76 jobs and $455,900 was used to fund payroll.

Arc wellness company llc is Existing or more than 2 years old

ARC WELLNESS COMPANY LLC

Date Approved

01/28/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ARC WELLNESS COMPANY LLC

Borrower Address

8171 Maple Lawn Blvd Ste 100

Borrower City

Fulton

Borrower State

MD

Borrower Zip

20759-2527

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

455900.00

Current Approval Amount

455900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fulton

Project County Name

HOWARD

Project State

MD

Project Zip

20759-2527

CD

MD-03

Jobs Reported

76

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

455895.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458772.79

Forgiveness Date

09/21/2021

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