PPP Loan information for Arcananetworks inc

$147,500

Arcananetworks inc was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 02/12/2021 by The Bank of America, National Association reported 7 jobs and $147,500 was used to fund payroll.

Arcananetworks inc is Existing or more than 2 years old

ARCANANETWORKS INC

Date Approved

02/12/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

ARCANANETWORKS INC

Borrower Address

1630 S Stapley Dr Ste 231

Borrower City

Mesa

Borrower State

AZ

Borrower Zip

85204-6660

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesa

Project County Name

MARICOPA

Project State

AZ

Project Zip

85204-6660

CD

AZ-04

Jobs Reported

7

NAICS Code

511210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147498.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148235.48

Forgiveness Date

08/18/2021

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