PPP Loan information for Arc northland

$729,367

Arc northland was initially approved for PPP Loan of amount $729,367, the current approved amount is $729,367. The loan was approved on 04/09/2020 by The North Shore Bank of Commerce reported 183 jobs and $729,367 was used to fund payroll.

Arc northland is Existing or more than 2 years old

ARC NORTHLAND

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARC NORTHLAND

Borrower Address

424 W. Superior St., Suite 500

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-1532

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729367.00

Current Approval Amount

729367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36809

Servicing Lender Name

North Shore Bank of Commerce

Servicing Lender Address

131 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55802-3026

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-1532

CD

MN-08

Jobs Reported

183

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729367.00

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

Non-Profit Organization

Originating Lender Location Id

36809

Originating Lender

North Shore Bank of Commerce

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

733398.78

Forgiveness Date

11/03/2020

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