PPP Loan information for The arc gateway inc.

$1,120,471

The arc gateway inc. was initially approved for PPP Loan of amount $1,120,471, the current approved amount is $1,120,471. The loan was approved on 03/18/2021 by The Truist Bank reported 286 jobs and $1,120,471 was used to fund payroll.

The arc gateway inc. is Existing or more than 2 years old

THE ARC GATEWAY INC.

Date Approved

03/18/2021

SBA Office Code

0491

Processing Method

PPS

Borrower Name

THE ARC GATEWAY INC.

Borrower Address

3932 N 10th Ave

Borrower City

Pensacola

Borrower State

FL

Borrower Zip

32503-2807

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1120471.00

Current Approval Amount

1120471.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pensacola

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32503-2807

CD

FL-01

Jobs Reported

286

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1120468.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1136531.08

Forgiveness Date

08/18/2022

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