PPP Loan information for Arco electric, inc.

$93,800

Arco electric, inc. was initially approved for PPP Loan of amount $93,800, the current approved amount is $93,800. The loan was approved on 04/29/2020 by The ACNB Bank reported 11 jobs and $93,800 was used to fund payroll.

Arco electric, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Mount Airy / Arco electric, inc.

ARCO ELECTRIC, INC.

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ARCO ELECTRIC, INC.

Borrower Address

3818 Mount Airy Drive

Borrower City

Mount Airy

Borrower State

MD

Borrower Zip

21771

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93800.00

Current Approval Amount

93800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Airy

Project County Name

CARROLL

Project State

MD

Project Zip

21771-0001

CD

MD-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93800.00

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

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94951.66

Forgiveness Date

07/21/2021

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