PPP Loan information for Arcat, inc

$698,900

Arcat, inc was initially approved for PPP Loan of amount $698,900, the current approved amount is $698,900. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 32 jobs and $698,900 was used to fund payroll.

Arcat, inc is Existing or more than 2 years old

ARCAT, INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ARCAT, INC

Borrower Address

173 Sherman Street

Borrower City

FAIRFIELD

Borrower State

CT

Borrower Zip

06824

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698900.00

Current Approval Amount

698900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06824-0001

CD

CT-04

Jobs Reported

32

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

698900.00

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

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704646.51

Forgiveness Date

02/16/2021

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