PPP Loan information for Arc machine co. inc

$233,300

Arc machine co. inc was initially approved for PPP Loan of amount $233,300, the current approved amount is $233,300. The loan was approved on 04/14/2020 by The Field & Main Bank reported 22 jobs and $233,300 was used to fund payroll.

Arc machine co. inc is Existing or more than 2 years old

PPP Loan Search / KY / HENDERSON / Arc machine co. inc

ARC MACHINE CO. INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ARC MACHINE CO. INC

Borrower Address

343 Walnut Lane

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42420-2059

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233300.00

Current Approval Amount

233300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27099

Servicing Lender Name

Field & Main Bank

Servicing Lender Address

140 N Main St

Servicing Lender City

HENDERSON

Servicing Lender State

KY

Servicing Lender Zip

42420-3102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42420-2059

CD

KY-01

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

212300.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27099

Originating Lender

Field & Main Bank

Originating Lender City

HENDERSON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224534.35

Forgiveness Date

11/09/2020

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