PPP Loan information for Arc electric llc

$135,000

Arc electric llc was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/14/2020 by The American Momentum Bank reported 9 jobs and $135,000 was used to fund payroll.

Arc electric llc is Unanswered

PPP Loan Search / TX / MIDLAND / Arc electric llc

ARC ELECTRIC LLC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ARC ELECTRIC LLC

Borrower Address

PO BOX 80802

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79708

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79708-0001

CD

TX-11

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136185.00

Forgiveness Date

03/05/2021

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