PPP Loan information for Bakersfield arc, inc.

$1,740,000

Bakersfield arc, inc. was initially approved for PPP Loan of amount $1,740,000, the current approved amount is $1,740,000. The loan was approved on 04/27/2020 by The Tri Counties Bank reported 450 jobs and $1,740,000 was used to fund payroll.

Bakersfield arc, inc. is Existing or more than 2 years old

BAKERSFIELD ARC, INC.

Date Approved

04/27/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

BAKERSFIELD ARC, INC.

Borrower Address

2240 S. Union Ave.

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93307

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1740000.00

Current Approval Amount

1740000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93307-0001

CD

CA-22

Jobs Reported

450

NAICS Code

624310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1740000.00

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

Non-Profit Organization

Originating Lender Location Id

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1748533.15

Forgiveness Date

11/03/2020

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