PPP Loan information for Arc tec, inc.

$749,900

Arc tec, inc. was initially approved for PPP Loan of amount $749,900, the current approved amount is $749,900. The loan was approved on 04/29/2020 by The MidFirst Bank reported 32 jobs and $749,900 was used to fund payroll.

Arc tec, inc. is Existing or more than 2 years old

ARC TEC, INC.

Date Approved

04/29/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

ARC TEC, INC.

Borrower Address

2960 E. Northern Avenue Bldg. C

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85028

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749900.00

Current Approval Amount

749900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85028-0001

CD

AZ-01

Jobs Reported

32

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

749900.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

757357.34

Forgiveness Date

04/29/2021

;