PPP Loan information for Arc resin corporation

$238,167

Arc resin corporation was initially approved for PPP Loan of amount $238,167, the current approved amount is $238,167. The loan was approved on 04/07/2020 by The Peoples Bank reported 19 jobs and $238,167 was used to fund payroll.

Arc resin corporation is Existing or more than 2 years old

ARC RESIN CORPORATION

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ARC RESIN CORPORATION

Borrower Address

1690 Greene Street

Borrower City

MARIETTA

Borrower State

OH

Borrower Zip

45750-7816

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238167.00

Current Approval Amount

238167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARIETTA

Project County Name

WASHINGTON

Project State

OH

Project Zip

45750-7816

CD

OH-06

Jobs Reported

19

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38167.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239423.99

Forgiveness Date

11/03/2020

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