PPP Loan information for Arc electric llc

$66,907

Arc electric llc was initially approved for PPP Loan of amount $66,907, the current approved amount is $66,907. The loan was approved on 04/09/2020 by The Adrian Bank reported 10 jobs and $66,907 was used to fund payroll.

Arc electric llc is Existing or more than 2 years old

ARC ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

ARC ELECTRIC LLC

Borrower Address

254 NE CR 15504

Borrower City

Archie

Borrower State

MO

Borrower Zip

64725

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66907.00

Current Approval Amount

66907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40080

Servicing Lender Name

Adrian Bank

Servicing Lender Address

130 E Main St

Servicing Lender City

ADRIAN

Servicing Lender State

MO

Servicing Lender Zip

64720-8202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Archie

Project County Name

CASS

Project State

MO

Project Zip

64725-0001

CD

MO-04

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66907.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

40080

Originating Lender

Adrian Bank

Originating Lender City

ADRIAN

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58284.59

Forgiveness Date

12/10/2020

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