PPP Loan information for The arc macon inc

$450,000

The arc macon inc was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/14/2020 by The Cadence Bank reported 98 jobs and $450,000 was used to fund payroll.

The arc macon inc is Existing or more than 2 years old

THE ARC MACON INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE ARC MACON INC

Borrower Address

4664 SHERATON DR

Borrower City

MACON

Borrower State

GA

Borrower Zip

31210-1322

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31210-1322

CD

GA-08

Jobs Reported

98

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

452312.50

Forgiveness Date

11/03/2020

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