PPP Loan information for Arc technology solutions, llc

$1,042,500

Arc technology solutions, llc was initially approved for PPP Loan of amount $1,042,500, the current approved amount is $1,042,500. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 65 jobs and $1,042,500 was used to fund payroll.

Arc technology solutions, llc is Existing or more than 2 years old

ARC TECHNOLOGY SOLUTIONS, LLC

Date Approved

04/11/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ARC TECHNOLOGY SOLUTIONS, LLC

Borrower Address

165 LEDGE ST

Borrower City

NASHUA

Borrower State

NH

Borrower Zip

03060-3014

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1042500.00

Current Approval Amount

1042500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHUA

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-3014

CD

NH-02

Jobs Reported

65

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

928500.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1052432.71

Forgiveness Date

03/31/2021

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