PPP Loan information for Arc2 llc

$87,500

Arc2 llc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/06/2020 by The First Western Bank reported 7 jobs and $87,500 was used to fund payroll.

Arc2 llc is Existing or more than 2 years old

ARC2 LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ARC2 LLC

Borrower Address

2812 S WALTON BLVD

Borrower City

BENTONVILLE

Borrower State

AR

Borrower Zip

72712-6728

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4163

Servicing Lender Name

First Western Bank

Servicing Lender Address

80 W Main St

Servicing Lender City

BOONEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72927-3635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENTONVILLE

Project County Name

BENTON

Project State

AR

Project Zip

72712-6728

CD

AR-03

Jobs Reported

7

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13125.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

39375.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4163

Originating Lender

First Western Bank

Originating Lender City

BOONEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88190.41

Forgiveness Date

01/25/2021

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