PPP Loan information for Arcane technologies, inc.

$240,070

Arcane technologies, inc. was initially approved for PPP Loan of amount $240,070, the current approved amount is $240,070. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 17 jobs and $240,070 was used to fund payroll.

Arcane technologies, inc. is New Business or 2 years or less

PPP Loan Search / VA / Charlottesville / Arcane technologies, inc.

ARCANE TECHNOLOGIES, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARCANE TECHNOLOGIES, INC.

Borrower Address

918 Monticello Road

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22902

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240070.00

Current Approval Amount

240070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22902-0001

CD

VA-05

Jobs Reported

17

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240070.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242410.68

Forgiveness Date

04/22/2021

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