PPP Loan information for The arc of anchorage

$1,991,700

The arc of anchorage was initially approved for PPP Loan of amount $1,991,700, the current approved amount is $1,991,700. The loan was approved on 02/12/2021 by The Northrim Bank reported 221 jobs and $1,991,700 was used to fund payroll.

The arc of anchorage is Existing or more than 2 years old

THE ARC OF ANCHORAGE

Date Approved

02/12/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

THE ARC OF ANCHORAGE

Borrower Address

2211 Arca Dr

Borrower City

Anchorage

Borrower State

AK

Borrower Zip

99508-3462

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1991700.00

Current Approval Amount

1991700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116975

Servicing Lender Name

Northrim Bank

Servicing Lender Address

3111 'C' St

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anchorage

Project County Name

ANCHORAGE

Project State

AK

Project Zip

99508-3462

CD

AK-

Jobs Reported

221

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1991697.00

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

116975

Originating Lender

Northrim Bank

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2005068.95

Forgiveness Date

10/25/2021

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