PPP Loan information for Arc products global, llc

$133,300

Arc products global, llc was initially approved for PPP Loan of amount $133,300, the current approved amount is $133,300. The loan was approved on 04/10/2020 by The First Bank reported 15 jobs and $133,300 was used to fund payroll.

Arc products global, llc is New Business or 2 years or less

PPP Loan Search / SC / SPARTANBURG / Arc products global, llc

ARC PRODUCTS GLOBAL, LLC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ARC PRODUCTS GLOBAL, LLC

Borrower Address

855 B GOSSETT RD

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29307-4307

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133300.00

Current Approval Amount

133300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29307-4307

CD

SC-05

Jobs Reported

15

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5794.00

Payroll Proceed

98741.83

Mortgage Interest Proceed

0.00

Rent Proceed

9360.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5574.17

Debt Interest Proceed

13830

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134366.40

Forgiveness Date

02/03/2021

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