PPP Loan information for Arcas machine inc.

$140,900

Arcas machine inc. was initially approved for PPP Loan of amount $140,900, the current approved amount is $140,900. The loan was approved on 03/10/2021 by The Alerus Financial, National Association reported 18 jobs and $140,900 was used to fund payroll.

Arcas machine inc. is Existing or more than 2 years old

PPP Loan Search / AZ / Gilbert / Arcas machine inc.

ARCAS MACHINE INC.

Date Approved

03/10/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

ARCAS MACHINE INC.

Borrower Address

700 N Neely St Ste 7

Borrower City

Gilbert

Borrower State

AZ

Borrower Zip

85233-3828

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140900.00

Current Approval Amount

140900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gilbert

Project County Name

MARICOPA

Project State

AZ

Project Zip

85233-3828

CD

AZ-05

Jobs Reported

18

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140898.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141788.45

Forgiveness Date

10/26/2021

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