PPP Loan information for Arc works inc.

$16,935

Arc works inc. was initially approved for PPP Loan of amount $16,935, the current approved amount is $16,935. The loan was approved on 02/04/2021 by The Spratt Savings Bank reported 2 jobs and $16,935 was used to fund payroll.

Arc works inc. is Existing or more than 2 years old

ARC WORKS INC.

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ARC WORKS INC.

Borrower Address

2823 University Dr

Borrower City

Lancaster

Borrower State

SC

Borrower Zip

29720-8838

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16935.00

Current Approval Amount

16935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88581

Servicing Lender Name

Spratt Savings Bank

Servicing Lender Address

1613 J. A. Cochran Blvd

Servicing Lender City

CHESTER

Servicing Lender State

SC

Servicing Lender Zip

29706-2190

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

SC

Project Zip

29720-8838

CD

SC-05

Jobs Reported

2

NAICS Code

331491

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16934.00

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

88581

Originating Lender

Spratt Savings Bank

Originating Lender City

CHESTER

Originating Lender State

SC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17008.86

Forgiveness Date

07/16/2021

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