PPP Loan information for The arc alliance

$1,182,500

The arc alliance was initially approved for PPP Loan of amount $1,182,500, the current approved amount is $1,182,500. The loan was approved on 04/11/2020 by The TD Bank, National Association reported 88 jobs and $1,182,500 was used to fund payroll.

The arc alliance is Existing or more than 2 years old

THE ARC ALLIANCE

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE ARC ALLIANCE

Borrower Address

3075 RIDGE PIKE

Borrower City

NORRISTOWN

Borrower State

PA

Borrower Zip

19403-1534

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1182500.00

Current Approval Amount

1182500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORRISTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19403-1534

CD

PA-04

Jobs Reported

88

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1182500.00

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

Non-Profit Organization

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1190810.35

Forgiveness Date

12/30/2020

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