PPP Loan information for Arc agency

$34,894

Arc agency was initially approved for PPP Loan of amount $34,894, the current approved amount is $34,894. The loan was approved on 05/18/2021 by The Customers Bank reported 5 jobs and $34,894 was used to fund payroll.

Arc agency is Existing or more than 2 years old

ARC AGENCY

Date Approved

05/18/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ARC AGENCY

Borrower Address

31 College Pl N/A

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801-2483

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34894.00

Current Approval Amount

34894.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801-2483

CD

NC-11

Jobs Reported

5

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34893.00

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

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35067.04

Forgiveness Date

01/03/2022

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