PPP Loan information for Arcsource inc.

$272,437

Arcsource inc. was initially approved for PPP Loan of amount $272,437, the current approved amount is $272,437. The loan was approved on 01/21/2021 by The Newburyport Five Cents Savings Bank reported 17 jobs and $272,437 was used to fund payroll.

Arcsource inc. is Existing or more than 2 years old

PPP Loan Search / NH / Seabrook / Arcsource inc.

ARCSOURCE INC.

Date Approved

01/21/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

ARCSOURCE INC.

Borrower Address

36 London Ln

Borrower City

Seabrook

Borrower State

NH

Borrower Zip

03874-4328

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272437.30

Current Approval Amount

272437.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seabrook

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03874-4328

CD

NH-01

Jobs Reported

17

NAICS Code

325120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

272434.30

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275222.21

Forgiveness Date

02/07/2022

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