Date Approved
02/24/2021
SBA Office Code
0562
Processing Method
PPS
Borrower Name
ARK ELECTRIC INC
Borrower Address
3979 W 200 N
Borrower City
Decatur
Borrower State
IN
Borrower Zip
46733-8372
Loan Status Date
08/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35630.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57443
Servicing Lender Name
The Union Bank Company
Servicing Lender Address
105 Progressive Dr.
Servicing Lender City
COLUMBUS GROVE
Servicing Lender State
OH
Servicing Lender Zip
45830
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ADAMS
Project State
Project Zip
CD
IN-03
Jobs Reported
4
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
35627.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35769.59
Forgiveness Date
07/20/2021