PPP Loan information for Arclite inc

$50,437

Arclite inc was initially approved for PPP Loan of amount $50,437, the current approved amount is $50,437. The loan was approved on 05/13/2020 by The U.S. Bank, National Association reported 6 jobs and $50,437 was used to fund payroll.

Arclite inc is Existing or more than 2 years old

ARCLITE INC

Date Approved

05/13/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

ARCLITE INC

Borrower Address

17695 LAUREL RD

Borrower City

MORGAN HILL

Borrower State

CA

Borrower Zip

95037

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50437.00

Current Approval Amount

50437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGAN HILL

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-2280

CD

CA-18

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50437.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51130.51

Forgiveness Date

09/23/2021

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