PPP Loan information for Arc electrical supply inc

$77,300

Arc electrical supply inc was initially approved for PPP Loan of amount $77,300, the current approved amount is $77,300. The loan was approved on 04/09/2020 by The United Community Bank reported 9 jobs and $77,300 was used to fund payroll.

Arc electrical supply inc is Existing or more than 2 years old

PPP Loan Search / GA / CUMMING / Arc electrical supply inc

ARC ELECTRICAL SUPPLY INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ARC ELECTRICAL SUPPLY INC

Borrower Address

101 Industrial Park Drive Suite A

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30040-2723

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77300.00

Current Approval Amount

77300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30040-2723

CD

GA-06

Jobs Reported

9

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77300.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77837.92

Forgiveness Date

01/07/2021

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