PPP Loan information for Arcsource, inc.

$272,437

Arcsource, inc. was initially approved for PPP Loan of amount $272,437, the current approved amount is $272,437. The loan was approved on 04/14/2020 by The Newburyport Five Cents Savings Bank reported 18 jobs and $272,437 was used to fund payroll.

Arcsource, inc. is Existing or more than 2 years old

ARCSOURCE, INC.

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ARCSOURCE, INC.

Borrower Address

36 LONDON LN

Borrower City

SEABROOK

Borrower State

NH

Borrower Zip

03874-4328

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272437.00

Current Approval Amount

272437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SEABROOK

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03874-4328

CD

NH-01

Jobs Reported

18

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272437.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274230.54

Forgiveness Date

12/17/2020

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