PPP Loan information for Arc mechanical contractors, inc.

$614,700

Arc mechanical contractors, inc. was initially approved for PPP Loan of amount $614,700, the current approved amount is $614,700. The loan was approved on 04/15/2020 by The Gulf Coast Bank and Trust Company reported 25 jobs and $614,700 was used to fund payroll.

Arc mechanical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / LA / SLIDELL / Arc mechanical contractors, inc.

ARC MECHANICAL CONTRACTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARC MECHANICAL CONTRACTORS, INC.

Borrower Address

36408 Bayou Liberty Rd

Borrower City

SLIDELL

Borrower State

LA

Borrower Zip

70460

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614700.00

Current Approval Amount

614700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLIDELL

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70460-0001

CD

LA-01

Jobs Reported

25

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

153675.00

Payroll Proceed

461025.00

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

Subchapter S Corporation

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

621956.88

Forgiveness Date

06/28/2021

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