PPP Loan information for Arch inc

$804,500

Arch inc was initially approved for PPP Loan of amount $804,500, the current approved amount is $804,500. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 240 jobs and $804,500 was used to fund payroll.

Arch inc is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / Arch inc

ARCH INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ARCH INC

Borrower Address

5440 C HIGHWAY 19 N

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39307-9011

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

804500.00

Current Approval Amount

804500.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39307-9011

CD

MS-03

Jobs Reported

240

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

99082.86

Payroll Proceed

696529.43

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8887.71

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

810010.27

Forgiveness Date

12/22/2020

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