PPP Loan information for The arc of the triangle inc

$401,482

The arc of the triangle inc was initially approved for PPP Loan of amount $401,482, the current approved amount is $401,482. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 186 jobs and $401,482 was used to fund payroll.

The arc of the triangle inc is Existing or more than 2 years old

THE ARC OF THE TRIANGLE INC

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ARC OF THE TRIANGLE INC

Borrower Address

1709 Legion Rd 1709 Legion Road

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27517-2375

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

401482.00

Current Approval Amount

401482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27517-2375

CD

NC-04

Jobs Reported

186

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401482.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

404002.41

Forgiveness Date

10/28/2021

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