PPP Loan information for Arc service's inc.

$327,500

Arc service's inc. was initially approved for PPP Loan of amount $327,500, the current approved amount is $327,500. The loan was approved on 04/28/2020 by The First Resource Bank reported 22 jobs and $327,500 was used to fund payroll.

Arc service's inc. is Existing or more than 2 years old

ARC SERVICE'S INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARC SERVICE'S INC.

Borrower Address

2230 Termminal Rd

Borrower City

Roseville

Borrower State

MN

Borrower Zip

55113

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327500.00

Current Approval Amount

327500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-0001

CD

MN-04

Jobs Reported

22

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

284500.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

329823.90

Forgiveness Date

01/25/2021

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