PPP Loan information for Arc works, inc.

$19,000

Arc works, inc. was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 07/23/2020 by The Spratt Savings Bank reported 2 jobs and $19,000 was used to fund payroll.

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

PPP Loan Search / SC / LANCASTER / Arc works, inc.

ARC WORKS, INC.

Date Approved

07/23/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ARC WORKS, INC.

Borrower Address

2823 UNIVERSITY DR

Borrower City

LANCASTER

Borrower State

SC

Borrower Zip

29720-8838

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

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

0.00

Payroll Proceed

19000.00

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

19062.81

Forgiveness Date

11/27/2020

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