PPP Loan information for Arctic information technology inc

$1,845,564

Arctic information technology inc was initially approved for PPP Loan of amount $1,845,564, the current approved amount is $1,845,564. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 94 jobs and $1,845,564 was used to fund payroll.

Arctic information technology inc is Existing or more than 2 years old

ARCTIC INFORMATION TECHNOLOGY INC

Date Approved

05/01/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

ARCTIC INFORMATION TECHNOLOGY INC

Borrower Address

375 WEST 36TH AVENUE SUITE 300

Borrower City

ANCHORAGE

Borrower State

AK

Borrower Zip

99503

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1845564.00

Current Approval Amount

1845564.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANCHORAGE

Project County Name

ANCHORAGE

Project State

AK

Project Zip

99503-0100

CD

AK-

Jobs Reported

94

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1845564.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1864070.20

Forgiveness Date

05/10/2021

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