PPP Loan information for Arc electric air conditioning & heating, inc.

$356,200

Arc electric air conditioning & heating, inc. was initially approved for PPP Loan of amount $356,200, the current approved amount is $356,200. The loan was approved on 04/03/2020 by The Central Bank & Trust Co. reported 28 jobs and $356,200 was used to fund payroll.

Arc electric air conditioning & heating, inc. is Existing or more than 2 years old

PPP Loan Search / KY / WILDER / Arc electric air conditioning & heating, inc.

ARC ELECTRIC AIR CONDITIONING & HEATING, INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ARC ELECTRIC AIR CONDITIONING & HEATING, INC.

Borrower Address

141 BEACON DR

Borrower City

WILDER

Borrower State

KY

Borrower Zip

41076-2501

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356200.00

Current Approval Amount

356200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILDER

Project County Name

CAMPBELL

Project State

KY

Project Zip

41076-2501

CD

KY-04

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35600.60

Payroll Proceed

320599.40

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

358604.35

Forgiveness Date

12/10/2020

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