Date Approved
01/25/2021
SBA Office Code
0988
Processing Method
PPS
Borrower Name
ARC TEC INC
Borrower Address
2960 E Northern Ave
Borrower City
Phoenix
Borrower State
AZ
Borrower Zip
85028-4845
Loan Status Date
11/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
756400.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARICOPA
Project State
Project Zip
CD
AZ-01
Jobs Reported
29
NAICS Code
541310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
756399.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
761925.92
Forgiveness Date
10/19/2021