PPP Loan information for Arc electric & lighting corporation

$1,276,900

Arc electric & lighting corporation was initially approved for PPP Loan of amount $1,276,900, the current approved amount is $1,276,900. The loan was approved on 02/22/2021 by The Washington Trust Bank reported 61 jobs and $1,276,900 was used to fund payroll.

Arc electric & lighting corporation is Existing or more than 2 years old

PPP Loan Search / WA / Spokane / Arc electric & lighting corporation

ARC ELECTRIC & LIGHTING CORPORATION

Date Approved

02/22/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

ARC ELECTRIC & LIGHTING CORPORATION

Borrower Address

5524 N Julia St

Borrower City

Spokane

Borrower State

WA

Borrower Zip

99217-6629

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1276900.00

Current Approval Amount

1276900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spokane

Project County Name

SPOKANE

Project State

WA

Project Zip

99217-6629

CD

WA-05

Jobs Reported

61

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1276899.00

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

Corporation

Originating Lender Location Id

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1285121.14

Forgiveness Date

10/20/2021

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