Date Approved
04/15/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
ARC ELECTRICAL SOLUTIONS, LLC
Borrower Address
2938 Wayside Rd
Borrower City
Manchester
Borrower State
TN
Borrower Zip
37355
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
PA
Servicing Lender Zip
19355
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COFFEE
Project State
Project Zip
37355-0500
CD
TN-06
Jobs Reported
4
NAICS Code
453998
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
499141
Originating Lender
Readycap Lending, LLC
Originating Lender City
BERKELEY HEIGHTS
Originating Lender State
NJ
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
21350.43
Forgiveness Date
02/11/2021